(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 2024-06-19 View latest technical analysis
10 day averaged volume of Reliance is 303185
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Wed Jun 2024 | 2917.20 | 2971.40 | 2975.20 | 2911.25 | 0.322 times |
| 18 Tue Jun 2024 | 2961.40 | 2970.20 | 2974.00 | 2941.20 | 0.356 times |
| 14 Fri Jun 2024 | 2928.65 | 2946.00 | 2946.00 | 2920.55 | 0.19 times |
| 13 Thu Jun 2024 | 2928.65 | 2946.00 | 2946.00 | 2920.55 | 0.19 times |
| 12 Wed Jun 2024 | 2926.05 | 2913.50 | 2952.00 | 2911.00 | 0.569 times |
| 11 Tue Jun 2024 | 2913.50 | 2949.95 | 2949.95 | 2910.00 | 0.415 times |
| 10 Mon Jun 2024 | 2940.60 | 2943.75 | 2986.55 | 2935.55 | 0.287 times |
| 07 Fri Jun 2024 | 2939.45 | 2858.00 | 2944.50 | 2852.95 | 3.141 times |
| 06 Thu Jun 2024 | 2863.75 | 2869.00 | 2886.00 | 2843.00 | 0.842 times |
| 05 Wed Jun 2024 | 2842.15 | 2848.95 | 2861.35 | 2768.05 | 0.594 times |
My analysis of stock is bullish for shortterm, and stock might move up till 2964.2 or till 3025.4. Use a stoploss of 2913.24 and if this stock hits its stoploss, then it can fall down till 2862.26
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 2719.15 |
| Downside Target | 2826.90 |
| Upside Target | 2975.20 |
| Upside Target | 2983.55 |
| Upside Target | 2986.55 |
| 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 | 2893.9 |
| Downside Intraday Target | 2870.6 |
| Upside Intraday Target | 2957.85 |
| Upside Intraday Target | 2998.5 |
| Upside Intraday Target | 2934.55 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Wed Jun 2024 | 2917.20 | 2970.20 | 2975.20 | 2911.25 | 0.41 times |
| 14 Fri Jun 2024 | 2928.65 | 2943.75 | 2986.55 | 2910.00 | 0.183 times |
| 07 Fri Jun 2024 | 2939.45 | 2974.90 | 3029.90 | 2719.15 | 2.346 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 |
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 |
| 19 Wed Jun 2024 | 2917.20 | 2974.90 | 3029.90 | 2719.15 | 0.778 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Reliance ( (Reliance) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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.
Reliance Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 SELL signal in short term and selling is picking up 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 2918.73 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 positive
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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Reliance ( (Reliance) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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.
Reliance Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 SELL signal in short term and selling is picking up 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 2918.73 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 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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