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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 10506558

Date Daily Closing Price Open High Low Volume
04 Thu Mar 2021 2175.85 2180.00 2189.95 2157.70 0.942 times
03 Wed Mar 2021 2202.10 2121.05 2219.90 2107.20 1.402 times
02 Tue Mar 2021 2106.00 2122.00 2130.00 2089.10 0.753 times
01 Mon Mar 2021 2101.70 2110.20 2112.00 2062.50 0.777 times
25 Thu Feb 2021 2144.35 2076.00 2152.00 2073.00 1.531 times
24 Wed Feb 2021 2061.00 2030.00 2065.25 2026.15 0.475 times
23 Tue Feb 2021 2023.45 2048.00 2052.90 2013.60 1.126 times
22 Mon Feb 2021 2008.10 2080.00 2089.90 1994.95 1.046 times
19 Fri Feb 2021 2080.30 2057.00 2104.95 2053.30 1.028 times
18 Thu Feb 2021 2067.70 2085.00 2108.40 2059.10 0.819 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2124.5, but if it comes below 2124.5, then a intra day sell could be more profitable.
If you take a sell trade below 2124.5, then use 2124.5 as stoploss and 2048.66 as target. However if you take a buy trade in stock , then use 2124.5 as stoploss and 2215.5 as target.

Share price targets for Reliance Industries (RELIANCE)

Target Type Value
Downside Target 1830.00
Downside Target 1927.30
Downside Target 1994.95
Downside Target 2078.00
Downside Target 2095.00
Downside Target 2108.40
Downside Target 2120.00
Downside Target 2152.00
Upside Target 2219.90

Intraday share price targets for Reliance Industries (RELIANCE)

Target Type Value
Downside Intraday Target 2085.6
Downside Intraday Target 1995.35
Upside Intraday Target 2243
Upside Intraday Target 2310.15
Downside Intraday Target 2152.75

Weekly technical analysis of Reliance Industries (RELIANCE)

Date Weekly Closing Price Open High Low Volume
04 Thu Mar 2021 2175.85 2110.20 2219.90 2062.50 0.927 times
25 Thu Feb 2021 2144.35 2080.00 2152.00 1994.95 0.923 times
19 Fri Feb 2021 2080.30 2048.05 2108.40 2025.00 0.763 times
12 Fri Feb 2021 2041.60 1933.05 2078.00 1927.30 0.89 times
05 Fri Feb 2021 1923.75 1859.40 1952.00 1848.00 0.871 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
04 Thu Mar 2021 2175.85 2110.20 2219.90 2062.50 0.182 times
25 Thu Feb 2021 2144.35 1859.40 2152.00 1848.00 0.746 times
29 Fri Jan 2021 1841.95 1988.00 2120.00 1830.00 1.289 times
31 Thu Dec 2020 1985.30 1940.35 2038.00 1855.25 0.539 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 35, 10, 55 Buy
MACD 80, 60Buy
Stochastics 81Buy
CCI 130Sell
RSI 55Buy
OBV 69263101Sell
VWAP 2104Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

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 stronger in this stock.

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 BUY signal in short term and the buying is gaining 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 2104.12 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 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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