(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)
10 day averaged volume of Reliance Industries is 4443779
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 2872.25 | 2851.20 | 2883.65 | 2851.20 | 1.258 times |
| 20 Mon May 2024 | 2869.65 | 2875.00 | 2879.00 | 2865.40 | 0.048 times |
| 17 Fri May 2024 | 2871.40 | 2846.10 | 2874.40 | 2826.50 | 1.228 times |
| 16 Thu May 2024 | 2850.70 | 2837.10 | 2855.00 | 2796.05 | 1.655 times |
| 15 Wed May 2024 | 2832.55 | 2841.00 | 2859.95 | 2826.05 | 0.568 times |
My analysis of stock is bullish for shortterm, and stock might move up till 2912.3 or till 2967. Use a stoploss of 2866.68 and if this stock hits its stoploss, then it can fall down till 2821.08
Share price targets for Reliance Industries (RELIANCE)
| Target Type | Value |
| Downside Target | 2568.95 |
| Downside Target | 2768.00 |
| Upside Target | 2883.00 |
| Upside Target | 2883.65 |
| Upside Target | 2919.95 |
| Upside Target | 2954.65 |
| Upside Target | 2966.15 |
| Upside Target | 2987.00 |
| Upside Target | 2988.00 |
| Upside Target | 2999.90 |
| Upside Target | 3024.90 |
Intraday share price targets for Reliance Industries (RELIANCE)
| Target Type | Value |
| Downside Intraday Target | 2854.42 |
| Downside Intraday Target | 2836.58 |
| Upside Intraday Target | 2886.87 |
| Upside Intraday Target | 2901.48 |
| Downside Intraday Target | 2869.03 |
Weekly technical analysis of Reliance Industries (RELIANCE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 2872.25 | 2875.00 | 2883.65 | 2851.20 | 0.25 times |
| 17 Fri May 2024 | 2871.40 | 2799.80 | 2874.40 | 2768.00 | 0.876 times |
| 10 Fri May 2024 | 2814.85 | 2871.00 | 2880.00 | 2776.15 | 1.048 times |
| 03 Fri May 2024 | 2868.00 | 2900.00 | 2966.15 | 2832.30 | 0.83 times |
| 26 Fri Apr 2024 | 2905.10 | 2944.90 | 2987.00 | 2883.00 | 1.066 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 |
| 21 Tue May 2024 | 2872.25 | 2944.00 | 2954.65 | 2768.00 | 0.649 times |
| 30 Tue Apr 2024 | 2934.00 | 2984.95 | 2988.00 | 2883.00 | 0.97 times |
| 28 Thu Mar 2024 | 2971.70 | 2927.00 | 3024.90 | 2825.80 | 0.947 times |
| 29 Thu Feb 2024 | 2921.60 | 2870.00 | 2999.90 | 2836.10 | 0.898 times |
Price has moved down 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 | 17, 24, 19 | Sell |
| MACD | -25, -31 | Buy |
| Stochastics | 91 | Buy |
| CCI | 115 | Sell |
| RSI | 51 | Buy |
| OBV | -2059484 | Sell |
| VWAP | 2836 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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 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 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 gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 but buying 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 2836.43 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.
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