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(RELIANCE) Reliance Industries complete technical analysis [charts+indicators] | Buy/Sell Reliance Industries | (RELIANCE) share price targets

Complete technical analysis of Reliance Industries (RELIANCE) by charts plus indicators, forecast predictions and share price targets for Reliance Industries (RELIANCE)

Reliance Industries trades in NSE in Integrated Oil & Gas sector.

Showing technical analysis as on 2024-11-19 View latest technical analysis

10 day averaged volume of Reliance Industries is 14771048

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	1241.65	1260.75	1281.50	1235.15	0.96 times
18 Mon Nov 2024	1260.75	1267.60	1272.90	1243.90	0.922 times
14 Thu Nov 2024	1267.60	1253.60	1272.60	1251.10	0.854 times
13 Wed Nov 2024	1252.05	1270.25	1275.45	1249.50	0.991 times
12 Tue Nov 2024	1274.25	1275.55	1289.30	1267.50	0.722 times
11 Mon Nov 2024	1272.70	1278.95	1286.00	1267.00	0.613 times
08 Fri Nov 2024	1283.75	1297.65	1301.65	1275.00	1.341 times
07 Thu Nov 2024	1305.65	1324.00	1324.00	1302.60	0.651 times
06 Wed Nov 2024	1325.35	1310.00	1328.30	1300.20	1.464 times
05 Tue Nov 2024	1305.30	1293.00	1309.55	1286.15	1.101 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1022.7 as stoploss in an intra day buy trade for a target of 1573.96. However, stock will show a bearish move below 1022.7.

Share price targets for Reliance Industries (RELIANCE)

Target Type	Value
Downside Target	1235.15
Upside Target	1275.00
Upside Target	1320.30
Upside Target	2644.00
Upside Target	2752.00
Upside Target	2866.50
Upside Target	2891.75
Upside Target	2926.00
Upside Target	2975.90
Upside Target	3066.95
Upside Target	3079.45
Upside Target	3217.60

Intraday share price targets for Reliance Industries (RELIANCE)

Target Type	Value
Downside Intraday Target	1224.03
Downside Intraday Target	1206.42
Upside Intraday Target	1270.38
Upside Intraday Target	1299.12
Upside Intraday Target	1252.77

Weekly technical analysis of Reliance Industries (RELIANCE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	1241.65	1267.60	1281.50	1235.15	0.592 times
14 Thu Nov 2024	1267.60	1278.95	1289.30	1249.50	0.539 times
08 Fri Nov 2024	1283.75	1337.85	1340.00	1275.00	1.883 times
01 Fri Nov 2024	1338.65	1337.00	1353.00	1320.30	1.053 times
25 Fri Oct 2024	2655.70	2734.25	2752.00	2644.00	0.938 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Reliance Industries (RELIANCE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	1241.65	1333.05	1341.95	1235.15	0.737 times
31 Thu Oct 2024	1332.05	2961.30	2975.90	1320.30	1.494 times
30 Mon Sep 2024	2953.15	3021.75	3066.95	2891.75	1.147 times
30 Fri Aug 2024	3019.25	3024.00	3079.45	2866.50	1.128 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Reliance Industries (RELIANCE)

Price action analysis of Reliance Industries ( (RELIANCE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Reliance Industries ( (RELIANCE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Reliance Industries ( (RELIANCE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Reliance Industries stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Reliance Industries in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Reliance Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Reliance Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Reliance Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1281.51 and Reliance Industries (RELIANCE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Reliance Industries (RELIANCE) stock. Volume based technical analysis of Reliance Industries (RELIANCE) stock is negative.

Reliance Industries Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.