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(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)

10 day averaged volume of Reliance is 375477

Date Daily Closing Price Open High Low Volume
18 Fri Jun 2021 2225.05 2217.25 2234.95 2184.25 0.713 times
17 Thu Jun 2021 2215.55 2200.25 2235.00 2179.85 0.936 times
16 Wed Jun 2021 2211.65 2248.00 2248.00 2206.75 1.324 times
15 Tue Jun 2021 2249.70 2256.25 2274.50 2241.20 1.689 times
14 Mon Jun 2021 2245.30 2214.00 2258.30 2196.00 1.029 times
11 Fri Jun 2021 2213.00 2186.70 2227.90 2182.70 0.611 times
10 Thu Jun 2021 2182.70 2192.20 2229.95 2177.20 0.715 times
09 Wed Jun 2021 2174.75 2219.90 2221.60 2158.25 0.956 times
08 Tue Jun 2021 2214.70 2224.65 2227.00 2198.40 0.406 times
07 Mon Jun 2021 2227.30 2205.90 2241.80 2184.60 1.639 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2249.8 as stoploss in an intra day sell trade for a target of 2154.12. However, stock will show a bullish move above 2249.8.

Share price targets for Reliance (Reliance)

Target Type Value
Downside Target 1845.20
Downside Target 2016.60
Downside Target 2147.35
Downside Target 2158.25
Downside Target 2179.85
Downside Target 2191.50
Upside Target 2231.00
Upside Target 2241.80
Upside Target 2250.00
Upside Target 2274.50

Intraday share price targets for Reliance (Reliance)

Target Type Value
Downside Intraday Target 2178.43
Downside Intraday Target 2131.82
Upside Intraday Target 2273.08
Upside Intraday Target 2321.12
Upside Intraday Target 2226.47

Weekly technical analysis of Reliance (Reliance)

Date Weekly Closing Price Open High Low Volume
18 Fri Jun 2021 2225.05 2214.00 2274.50 2179.85 1.315 times
11 Fri Jun 2021 2213.00 2205.90 2241.80 2158.25 0.372 times
04 Fri Jun 2021 2190.60 2101.00 2250.00 2082.00 1.238 times
28 Fri May 2021 2094.90 2007.40 2105.00 1960.10 1.736 times
21 Fri May 2021 2000.90 1938.70 2016.60 1931.00 1.473 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
18 Fri Jun 2021 2225.05 2164.10 2274.50 2147.35 0.535 times
31 Mon May 2021 2160.45 1963.70 2191.50 1906.50 1.055 times
30 Fri Apr 2021 1994.45 2019.70 2046.10 1877.60 1.059 times
31 Wed Mar 2021 2003.20 2114.45 2231.00 1973.05 0.594 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)

Indicator Name Indicator Value Indicator Signal
ADX 24, 17, 16 Buy
MACD 104, 104Buy
Stochastics 51None
CCI -4Buy
RSI 46Sell
OBV 7507209Sell
VWAP 2220Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Reliance ( (Reliance) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is gaining momentum.

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

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Reliance in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 2220.02 and Reliance (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 (Reliance) stock. Volume based technical analysis of Reliance (Reliance) stock is negative.

Reliance 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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Daily charts

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Daily chart
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