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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 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.

Click here for Reliance Industries charts

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Daily charts

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