(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 2024-05-28 View latest technical analysis
10 day averaged volume of Reliance is 171520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 2911.25 | 2941.95 | 2957.00 | 2905.40 | 0.678 times |
| 27 Mon May 2024 | 2932.45 | 2960.80 | 2967.45 | 2924.00 | 0.785 times |
| 24 Fri May 2024 | 2959.80 | 2966.00 | 2977.00 | 2951.20 | 2.662 times |
| 23 Thu May 2024 | 2973.20 | 2918.30 | 2983.55 | 2912.00 | 1.149 times |
| 22 Wed May 2024 | 2920.75 | 2872.90 | 2936.80 | 2872.90 | 0.646 times |
| 21 Tue May 2024 | 2871.30 | 2859.00 | 2883.00 | 2852.90 | 0.763 times |
| 18 Sat May 2024 | 2869.05 | 2872.10 | 2878.80 | 2865.00 | 0.054 times |
| 17 Fri May 2024 | 2870.70 | 2842.35 | 2874.85 | 2826.00 | 2.422 times |
| 16 Thu May 2024 | 2850.20 | 2835.00 | 2854.30 | 2796.60 | 0.415 times |
| 15 Wed May 2024 | 2831.15 | 2845.00 | 2859.40 | 2825.50 | 0.302 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 2926.2 as stoploss in an intra day sell trade for a target of 2872.43. However, stock will show a bullish move above 2926.2.
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 2568.30 |
| Downside Target | 2768.05 |
| Downside Target | 2905.40 |
| Upside Target | 2917.95 |
| Upside Target | 2965.00 |
| Upside Target | 2967.45 |
| Upside Target | 2983.55 |
| Upside Target | 2988.50 |
| Upside Target | 2999.85 |
| Upside Target | 3024.80 |
Intraday share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Intraday Target | 2888.62 |
| Downside Intraday Target | 2865.98 |
| Upside Intraday Target | 2950.67 |
| Upside Intraday Target | 2990.08 |
| Upside Intraday Target | 2928.03 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 2911.25 | 2960.80 | 2967.45 | 2905.40 | 0.28 times |
| 24 Fri May 2024 | 2959.80 | 2859.00 | 2983.55 | 2852.90 | 1.096 times |
| 18 Sat May 2024 | 2869.05 | 2798.05 | 2878.80 | 2768.05 | 0.756 times |
| 10 Fri May 2024 | 2815.15 | 2875.00 | 2881.45 | 2775.20 | 1.201 times |
| 03 Fri May 2024 | 2868.50 | 2902.95 | 2965.00 | 2832.70 | 0.768 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 |
| 28 Tue May 2024 | 2911.25 | 2945.35 | 2983.55 | 2768.05 | 0.723 times |
| 30 Tue Apr 2024 | 2931.15 | 2985.00 | 2988.50 | 2885.20 | 0.963 times |
| 28 Thu Mar 2024 | 2976.80 | 2916.70 | 3024.80 | 2826.90 | 0.999 times |
| 29 Thu Feb 2024 | 2924.75 | 2871.20 | 2999.85 | 2836.70 | 0.652 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Reliance in short term and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Reliance in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 2915.57 and Reliance (Reliance) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Reliance in short term and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Reliance in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 2915.57 and Reliance (Reliance) stock is trading below this level. This means that stock is falling with high volumes. 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 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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