(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 2024-06-06 View latest technical analysis
10 day averaged volume of Reliance is 335179
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 2863.75 | 2869.00 | 2886.00 | 2843.00 | 0.762 times |
| 05 Wed Jun 2024 | 2842.15 | 2848.95 | 2861.35 | 2768.05 | 0.537 times |
| 04 Tue Jun 2024 | 2793.60 | 3007.95 | 3007.95 | 2719.15 | 3.089 times |
| 03 Mon Jun 2024 | 3021.25 | 2974.90 | 3029.90 | 2918.00 | 0.94 times |
| 31 Fri May 2024 | 2859.60 | 2864.65 | 2884.20 | 2843.25 | 2.379 times |
| 30 Thu May 2024 | 2850.00 | 2884.00 | 2884.00 | 2841.50 | 0.162 times |
| 29 Wed May 2024 | 2881.45 | 2897.00 | 2916.10 | 2877.00 | 0.194 times |
| 28 Tue May 2024 | 2911.25 | 2941.95 | 2957.00 | 2905.40 | 0.347 times |
| 27 Mon May 2024 | 2932.45 | 2960.80 | 2967.45 | 2924.00 | 0.401 times |
| 24 Fri May 2024 | 2959.80 | 2966.00 | 2977.00 | 2951.20 | 1.362 times |
My analysis of stock is bearish for shortterm, and stock might move down till 2820.8 or till 2752. Use a stoploss of 2878.1 and if the stock hits stoploss, then it can shoot up till 2935.44
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 2719.15 |
| Upside Target | 2885.20 |
| Upside Target | 2967.45 |
| Upside Target | 2983.55 |
| Upside Target | 2988.50 |
| Upside Target | 2999.85 |
| Upside Target | 3024.80 |
| Upside Target | 3029.90 |
Intraday share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Intraday Target | 2711.97 |
| Downside Intraday Target | 2560.18 |
| Upside Intraday Target | 3022.72 |
| Upside Intraday Target | 3181.68 |
| Upside Intraday Target | 2870.93 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 2863.75 | 2974.90 | 3029.90 | 2719.15 | 1.53 times |
| 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Reliance (Reliance)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 2863.75 | 2974.90 | 3029.90 | 2719.15 | 0.403 times |
| 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 |
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)
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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Reliance in short term and the sell 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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
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 2872.21 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Reliance in short term and the sell 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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
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 2872.21 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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