(Reliance) Reliance complete technical analysis [charts+indicators] | Buy/Sell Reliance | (Reliance) share price targets
Complete technical analysis of Reliance (Reliance) by charts plus indicators, forecast predictions and share price targets for Reliance (Reliance)
Showing technical analysis as on 2024-03-07 View latest technical analysis
10 day averaged volume of Reliance is 193557
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 2958.10 | 3002.15 | 3005.90 | 2951.25 | 2 times |
| 06 Wed Mar 2024 | 3005.95 | 2989.45 | 3019.00 | 2957.00 | 0.568 times |
| 05 Tue Mar 2024 | 2998.30 | 3011.70 | 3011.70 | 2973.00 | 0.366 times |
| 04 Mon Mar 2024 | 3011.60 | 2981.00 | 3024.80 | 2975.05 | 0.722 times |
| 02 Sat Mar 2024 | 2980.85 | 2980.70 | 3000.00 | 2975.00 | 0.189 times |
| 01 Fri Mar 2024 | 2986.00 | 2916.70 | 2999.00 | 2916.70 | 2.813 times |
| 29 Thu Feb 2024 | 2924.75 | 2931.05 | 2958.00 | 2909.55 | 0.994 times |
| 28 Wed Feb 2024 | 2909.00 | 2964.90 | 2982.00 | 2900.55 | 0.332 times |
| 27 Tue Feb 2024 | 2970.40 | 2968.80 | 2999.85 | 2956.00 | 0.43 times |
| 26 Mon Feb 2024 | 2974.35 | 2989.75 | 2989.75 | 2964.55 | 0.211 times |
My analysis of stock is bullish for shortterm, and stock might move up till 2988.6 or till 3025.7. Use a stoploss of 2957.59 and if this stock hits its stoploss, then it can fall down till 2926.62
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 2275.25 |
| Downside Target | 2380.00 |
| Downside Target | 2568.30 |
| Downside Target | 2836.70 |
| Downside Target | 2944.15 |
| Downside Target | 2951.25 |
| Upside Target | 2968.40 |
| Upside Target | 2996.15 |
| Upside Target | 2999.85 |
| Upside Target | 3000.00 |
| Upside Target | 3024.80 |
Intraday share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Intraday Target | 2931.3 |
| Downside Intraday Target | 2904.5 |
| Upside Intraday Target | 3004.85 |
| Upside Intraday Target | 3051.6 |
| Upside Intraday Target | 2978.05 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 2958.10 | 2981.00 | 3024.80 | 2951.25 | 0.736 times |
| 02 Sat Mar 2024 | 2980.85 | 2989.75 | 3000.00 | 2900.55 | 0.778 times |
| 23 Fri Feb 2024 | 2986.35 | 2921.35 | 2996.15 | 2907.55 | 1.016 times |
| 16 Fri Feb 2024 | 2921.35 | 2922.30 | 2968.40 | 2885.00 | 0.826 times |
| 09 Fri Feb 2024 | 2922.30 | 2921.20 | 2944.15 | 2840.80 | 0.746 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 (Reliance)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 2958.10 | 2916.70 | 3024.80 | 2916.70 | 0.255 times |
| 29 Thu Feb 2024 | 2924.75 | 2871.20 | 2999.85 | 2836.70 | 0.652 times |
| 31 Wed Jan 2024 | 2853.20 | 2581.05 | 2917.95 | 2568.30 | 0.356 times |
| 29 Fri Dec 2023 | 2584.85 | 2381.00 | 2614.80 | 2380.00 | 2.14 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 (Reliance)
Price action analysis of Reliance ( (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 ( (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 ( (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 ( (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 stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Reliance in short term but the sell signal is initial and weak.
Reliance Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Reliance in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Reliance is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2972.31 and Reliance (Reliance) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Reliance (Reliance) stock. Volume based technical analysis of Reliance (Reliance) stock is negative.
Reliance Stock has given negative 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 ( (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 ( (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 ( (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 ( (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 stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Reliance in short term but the sell signal is initial and weak.
Reliance Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Reliance in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Reliance is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2972.31 and Reliance (Reliance) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Reliance (Reliance) stock. Volume based technical analysis of Reliance (Reliance) stock is negative.
Reliance Stock has given negative 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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