(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 4797908
Date | Daily Closing Price | Open | High | Low | Volume |
30 Thu Nov 2023 | 2377.45 | 2394.70 | 2400.70 | 2369.90 | 2.964 times |
29 Wed Nov 2023 | 2400.70 | 2408.00 | 2411.95 | 2398.05 | 1.306 times |
28 Tue Nov 2023 | 2394.40 | 2393.90 | 2399.70 | 2375.25 | 1.437 times |
24 Fri Nov 2023 | 2393.90 | 2391.60 | 2402.60 | 2391.05 | 0.703 times |
23 Thu Nov 2023 | 2395.50 | 2388.20 | 2400.00 | 2388.20 | 0.889 times |
22 Wed Nov 2023 | 2388.20 | 2375.00 | 2394.45 | 2372.20 | 0.889 times |
21 Tue Nov 2023 | 2378.90 | 2366.00 | 2388.00 | 2360.20 | 0.856 times |
20 Mon Nov 2023 | 2349.35 | 2348.55 | 2358.40 | 2336.40 | 0.468 times |
17 Fri Nov 2023 | 2355.55 | 2352.90 | 2373.25 | 2352.05 | 0.809 times |
16 Thu Nov 2023 | 2360.70 | 2351.10 | 2374.15 | 2346.95 | 1.369 times |
Stock of Reliance Industries (RELIANCE) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2383.7 as stoploss in an intra day sell trade for a target of 2353.02. However, stock will show a bullish move above 2383.7.
Share price targets for Reliance Industries (RELIANCE)
Target Type | Value |
Downside Target | 2220.30 |
Downside Target | 2269.95 |
Downside Target | 2374.15 |
Upside Target | 2399.90 |
Upside Target | 2402.60 |
Upside Target | 2411.95 |
Upside Target | 2469.30 |
Upside Target | 2483.00 |
Upside Target | 2582.80 |
Upside Target | 2856.00 |
Intraday share price targets for Reliance Industries (RELIANCE)
Target Type | Value |
Downside Intraday Target | 2360.92 |
Downside Intraday Target | 2344.38 |
Upside Intraday Target | 2402.97 |
Upside Intraday Target | 2428.48 |
Upside Intraday Target | 2386.43 |
Weekly technical analysis of Reliance Industries (RELIANCE)
Date | Weekly Closing Price | Open | High | Low | Volume |
30 Thu Nov 2023 | 2377.45 | 2393.90 | 2411.95 | 2369.90 | 1.5 times |
24 Fri Nov 2023 | 2393.90 | 2348.55 | 2402.60 | 2336.40 | 0.951 times |
17 Fri Nov 2023 | 2355.55 | 2326.05 | 2374.15 | 2311.70 | 0.804 times |
10 Fri Nov 2023 | 2314.90 | 2332.30 | 2341.00 | 2298.05 | 0.804 times |
03 Fri Nov 2023 | 2319.70 | 2274.00 | 2334.95 | 2269.95 | 1.277 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 |
30 Thu Nov 2023 | 2377.45 | 2289.15 | 2411.95 | 2275.20 | 1.007 times |
31 Tue Oct 2023 | 2287.90 | 2329.95 | 2367.00 | 2220.30 | 0.624 times |
29 Fri Sep 2023 | 2345.00 | 2406.55 | 2483.00 | 2325.00 | 1.105 times |
31 Thu Aug 2023 | 2407.00 | 2555.00 | 2582.80 | 2399.90 | 0.752 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Reliance Industries in short term and the buy signal is strong.
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 green color and prices are above the green 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Reliance Industries is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2380.82 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Reliance Industries ( (RELIANCE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Reliance Industries in short term and the buy signal is strong.
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 green color and prices are above the green 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Reliance Industries is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2380.82 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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