(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 2024-12-12 View latest technical analysis
10 day averaged volume of Reliance is 532223
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 1263.85 | 1275.20 | 1278.10 | 1261.05 | 1.284 times |
| 11 Wed Dec 2024 | 1278.10 | 1286.50 | 1290.00 | 1275.35 | 1.117 times |
| 10 Tue Dec 2024 | 1284.95 | 1290.00 | 1295.00 | 1280.75 | 0.825 times |
| 09 Mon Dec 2024 | 1295.15 | 1303.00 | 1315.45 | 1292.90 | 1.041 times |
| 06 Fri Dec 2024 | 1311.80 | 1326.90 | 1326.90 | 1309.80 | 0.775 times |
| 05 Thu Dec 2024 | 1321.20 | 1310.75 | 1329.50 | 1306.40 | 1.268 times |
| 04 Wed Dec 2024 | 1309.00 | 1326.95 | 1329.00 | 1305.00 | 0.824 times |
| 03 Tue Dec 2024 | 1323.35 | 1318.85 | 1326.70 | 1307.25 | 0.648 times |
| 02 Mon Dec 2024 | 1309.05 | 1291.65 | 1311.05 | 1277.00 | 1.19 times |
| 29 Fri Nov 2024 | 1292.45 | 1280.00 | 1299.30 | 1274.75 | 1.407 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1256.3 as stoploss in an intra day buy trade for a target of 1282.38. However, stock will show a bearish move below 1256.3.
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 1217.70 |
| Downside Target | 1249.70 |
| Upside Target | 1320.50 |
| Upside Target | 1329.50 |
| Upside Target | 1341.00 |
| Upside Target | 2865.80 |
| Upside Target | 2892.30 |
| Upside Target | 2978.00 |
| Upside Target | 3066.90 |
| Upside Target | 3083.95 |
Intraday share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Intraday Target | 1244.78 |
| Downside Intraday Target | 1225.72 |
| Upside Intraday Target | 1299.18 |
| Upside Intraday Target | 1334.52 |
| Upside Intraday Target | 1280.12 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 1263.85 | 1303.00 | 1315.45 | 1261.05 | 0.907 times |
| 06 Fri Dec 2024 | 1311.80 | 1291.65 | 1329.50 | 1277.00 | 0.851 times |
| 29 Fri Nov 2024 | 1292.45 | 1294.80 | 1304.35 | 1269.25 | 1.153 times |
| 22 Fri Nov 2024 | 1265.95 | 1266.55 | 1281.00 | 1217.70 | 0.977 times |
| 14 Thu Nov 2024 | 1267.70 | 1282.60 | 1289.40 | 1249.70 | 0.638 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 |
| 12 Thu Dec 2024 | 1263.85 | 1291.65 | 1329.50 | 1261.05 | 0.382 times |
| 29 Fri Nov 2024 | 1292.45 | 1339.85 | 1341.00 | 1217.70 | 0.992 times |
| 31 Thu Oct 2024 | 1332.60 | 2962.70 | 2978.00 | 1320.50 | 1.749 times |
| 30 Mon Sep 2024 | 2953.80 | 3031.65 | 3066.90 | 2892.30 | 1.045 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 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 short 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 short to mid 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 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 stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Reliance 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 Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Reliance is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1297.14 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 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 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 short 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 short to mid 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 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 stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Reliance 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 Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Reliance is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1297.14 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 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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