(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 2024-03-22 View latest technical analysis
10 day averaged volume of Reliance is 174335
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 2909.90 | 2897.05 | 2920.00 | 2895.35 | 3.226 times |
| 21 Thu Mar 2024 | 2901.30 | 2891.40 | 2915.00 | 2889.65 | 0.442 times |
| 20 Wed Mar 2024 | 2886.80 | 2851.05 | 2890.20 | 2848.05 | 0.877 times |
| 19 Tue Mar 2024 | 2850.75 | 2865.60 | 2873.60 | 2835.00 | 0.735 times |
| 18 Mon Mar 2024 | 2878.35 | 2837.20 | 2883.00 | 2833.65 | 0.84 times |
| 15 Fri Mar 2024 | 2837.25 | 2854.95 | 2866.45 | 2826.90 | 2.271 times |
| 14 Thu Mar 2024 | 2865.25 | 2865.00 | 2897.35 | 2851.00 | 0.933 times |
| 13 Wed Mar 2024 | 2864.70 | 2955.45 | 2965.95 | 2855.85 | 0.562 times |
| 12 Tue Mar 2024 | 2950.20 | 2932.00 | 2976.30 | 2932.00 | 0.479 times |
| 11 Mon Mar 2024 | 2931.20 | 2984.70 | 2984.70 | 2927.35 | 0.64 times |
Stock of Reliance (Reliance) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 2876.3 or till 2812.1. Use a stoploss of 2929.75 and if the stock hits stoploss, then it can shoot up till 2983.22
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 2275.25 |
| Downside Target | 2380.00 |
| Downside Target | 2568.30 |
| Downside Target | 2826.90 |
| Downside Target | 2900.55 |
| Upside Target | 2951.25 |
| Upside Target | 2984.70 |
| 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 | 2855.7 |
| Downside Intraday Target | 2801.5 |
| Upside Intraday Target | 2942.05 |
| Upside Intraday Target | 2974.2 |
| Downside Intraday Target | 2887.85 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 2909.90 | 2837.20 | 2920.00 | 2833.65 | 1.253 times |
| 15 Fri Mar 2024 | 2837.25 | 2984.70 | 2984.70 | 2826.90 | 1.203 times |
| 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 |
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 (Reliance)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 2909.90 | 2916.70 | 3024.80 | 2826.90 | 0.635 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 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 (Reliance)
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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Reliance ( (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 ( (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 Weak and stock is losing momentum.
MACD generated a SELL signal for Reliance in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Reliance in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2883.26 and Reliance (Reliance) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Reliance ( (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 ( (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 Weak and stock is losing momentum.
MACD generated a SELL signal for Reliance in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Reliance in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2883.26 and Reliance (Reliance) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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