(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 2024-05-31 View latest technical analysis
10 day averaged volume of Reliance is 169018
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 2859.60 | 2864.65 | 2884.20 | 2843.25 | 4.717 times |
| 30 Thu May 2024 | 2850.00 | 2884.00 | 2884.00 | 2841.50 | 0.32 times |
| 29 Wed May 2024 | 2881.45 | 2897.00 | 2916.10 | 2877.00 | 0.385 times |
| 28 Tue May 2024 | 2911.25 | 2941.95 | 2957.00 | 2905.40 | 0.688 times |
| 27 Mon May 2024 | 2932.45 | 2960.80 | 2967.45 | 2924.00 | 0.796 times |
| 24 Fri May 2024 | 2959.80 | 2966.00 | 2977.00 | 2951.20 | 2.701 times |
| 23 Thu May 2024 | 2973.20 | 2918.30 | 2983.55 | 2912.00 | 1.166 times |
| 22 Wed May 2024 | 2920.75 | 2872.90 | 2936.80 | 2872.90 | 0.656 times |
| 21 Tue May 2024 | 2871.30 | 2859.00 | 2883.00 | 2852.90 | 0.775 times |
| 18 Sat May 2024 | 2869.05 | 2872.10 | 2878.80 | 2865.00 | 0.055 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 2815.2 or till 2754.9. Use a stoploss of 2865.39 and if the stock hits stoploss, then it can shoot up till 2915.62
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 2568.30 |
| Downside Target | 2768.05 |
| Upside Target | 2885.20 |
| 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 | 2811.58 |
| Downside Intraday Target | 2763.57 |
| Upside Intraday Target | 2937.53 |
| Upside Intraday Target | 3015.47 |
| Upside Intraday Target | 2889.52 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 2859.60 | 2960.80 | 2967.45 | 2841.50 | 1.304 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 |
| 31 Fri May 2024 | 2859.60 | 2945.35 | 2983.55 | 2768.05 | 0.911 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Reliance in short term and the sell signal is strong.
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 green color and prices are in or below the green 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 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 2904.6 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Reliance in short term and the sell signal is strong.
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 green color and prices are in or below the green 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 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 2904.6 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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