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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.

10 day averaged volume of Reliance Industries is 13752748

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	1234.40	1238.00	1244.75	1218.50	0.768 times
27 Mon Jan 2025	1229.35	1239.10	1240.45	1220.00	0.693 times
24 Fri Jan 2025	1246.30	1266.00	1273.00	1243.50	1.035 times
23 Thu Jan 2025	1263.65	1270.00	1277.35	1261.60	0.634 times
22 Wed Jan 2025	1277.10	1278.30	1282.90	1268.70	0.747 times
21 Tue Jan 2025	1273.70	1310.50	1313.00	1270.20	1.059 times
20 Mon Jan 2025	1305.45	1316.00	1316.00	1300.25	1.021 times
17 Fri Jan 2025	1302.35	1322.25	1326.00	1285.00	2.135 times
16 Thu Jan 2025	1266.45	1258.90	1275.00	1251.30	1.027 times
15 Wed Jan 2025	1252.20	1244.95	1257.00	1241.85	0.697 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 1230.2 as stoploss in an intra day buy trade for a target of 1253.24. However, stock will show a bearish move below 1230.2.

Share price targets for Reliance Industries (RELIANCE)

Target Type	Value
Downside Target	1201.50
Upside Target	1316.00
Upside Target	1320.30
Upside Target	1326.00
Upside Target	1329.95
Upside Target	1341.95
Upside Target	2891.75
Upside Target	2975.90
Upside Target	3066.95

Intraday share price targets for Reliance Industries (RELIANCE)

Target Type	Value
Downside Intraday Target	1220.35
Downside Intraday Target	1206.3
Upside Intraday Target	1246.6
Upside Intraday Target	1258.8
Downside Intraday Target	1232.55

Weekly technical analysis of Reliance Industries (RELIANCE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	1234.40	1239.10	1244.75	1218.50	0.325 times
24 Fri Jan 2025	1246.30	1316.00	1316.00	1243.50	0.774 times
17 Fri Jan 2025	1302.35	1230.00	1326.00	1226.40	1.227 times
10 Fri Jan 2025	1241.90	1253.95	1271.05	1215.00	1.25 times
03 Fri Jan 2025	1251.15	1216.40	1262.05	1206.15	1.542 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
28 Tue Jan 2025	1234.40	1214.85	1326.00	1211.60	0.915 times
31 Tue Dec 2024	1215.45	1288.00	1329.95	1201.50	1.031 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

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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 1271.46 and Reliance Industries (RELIANCE) stock is trading below this level. This means that stock is falling with high volumes. 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 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.