Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-06 View latest technical analysis

10 day averaged volume of Reliance Industries is 16080622

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	1311.55	1323.90	1323.90	1310.00	0.562 times
05 Thu Dec 2024	1322.05	1314.35	1329.95	1306.15	1.048 times
04 Wed Dec 2024	1308.95	1326.00	1328.40	1304.05	1.219 times
03 Tue Dec 2024	1323.30	1317.00	1326.80	1307.00	1.049 times
02 Mon Dec 2024	1309.15	1288.00	1311.35	1277.05	0.686 times
29 Fri Nov 2024	1292.20	1280.00	1299.50	1275.25	0.821 times
28 Thu Nov 2024	1270.80	1289.95	1296.60	1269.05	0.935 times
27 Wed Nov 2024	1293.20	1293.50	1303.85	1286.00	0.595 times
26 Tue Nov 2024	1295.70	1294.95	1297.85	1284.20	0.575 times
25 Mon Nov 2024	1287.00	1290.00	1304.45	1282.45	1.799 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1309.3, but if it comes below 1309.3, then a intra day sell could be more profitable.
If you take a sell trade below 1309.3, then use 1309.3 as stoploss and 1283.04 as target. However if you take a buy trade in stock , then use 1309.3 as stoploss and 1340.9 as target.

Share price targets for Reliance Industries (RELIANCE)

Target Type	Value
Downside Target	1217.25
Downside Target	1249.50
Upside Target	1329.95
Upside Target	1340.00
Upside Target	1341.95
Upside Target	2866.50
Upside Target	2891.75
Upside Target	2975.90
Upside Target	3066.95
Upside Target	3079.45

Intraday share price targets for Reliance Industries (RELIANCE)

Target Type	Value
Downside Intraday Target	1282.42
Downside Intraday Target	1253.28
Upside Intraday Target	1335.32
Upside Intraday Target	1359.08
Downside Intraday Target	1306.18

Weekly technical analysis of Reliance Industries (RELIANCE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	1311.55	1288.00	1329.95	1277.05	0.966 times
29 Fri Nov 2024	1292.20	1290.00	1304.45	1269.05	1.122 times
22 Fri Nov 2024	1265.40	1267.60	1281.50	1217.25	1.441 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

Price has moved up 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
06 Fri Dec 2024	1311.55	1288.00	1329.95	1277.05	0.262 times
29 Fri Nov 2024	1292.20	1333.05	1341.95	1217.25	1.258 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

Scroll below to view daily charts

Price has moved up 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Reliance Industries ( (RELIANCE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Reliance Industries ( (RELIANCE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 losing 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Reliance Industries in short term but SELL signal is weak.

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 1300.82 and Reliance Industries (RELIANCE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.