(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 2024-06-21 View latest technical analysis
10 day averaged volume of Reliance is 201297
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 2906.80 | 2943.40 | 2949.05 | 2880.50 | 4.458 times |
| 20 Thu Jun 2024 | 2946.40 | 2929.95 | 2964.90 | 2900.70 | 0.492 times |
| 19 Wed Jun 2024 | 2917.20 | 2971.40 | 2975.20 | 2911.25 | 0.484 times |
| 18 Tue Jun 2024 | 2961.40 | 2970.20 | 2974.00 | 2941.20 | 0.537 times |
| 14 Fri Jun 2024 | 2928.65 | 2946.00 | 2946.00 | 2920.55 | 0.286 times |
| 13 Thu Jun 2024 | 2928.65 | 2946.00 | 2946.00 | 2920.55 | 0.286 times |
| 12 Wed Jun 2024 | 2926.05 | 2913.50 | 2952.00 | 2911.00 | 0.857 times |
| 11 Tue Jun 2024 | 2913.50 | 2949.95 | 2949.95 | 2910.00 | 0.626 times |
| 10 Mon Jun 2024 | 2940.60 | 2943.75 | 2986.55 | 2935.55 | 0.433 times |
| 07 Fri Jun 2024 | 2939.45 | 2858.00 | 2944.50 | 2852.95 | 4.73 times |
Stock of Reliance (Reliance) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 2861.5 or till 2801.9. Use a stoploss of 2911.2 and if the stock hits stoploss, then it can shoot up till 2960.89
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 | 2866.47 |
| Downside Intraday Target | 2826.13 |
| Upside Intraday Target | 2961.17 |
| Upside Intraday Target | 3015.53 |
| Upside Intraday Target | 2920.83 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 2906.80 | 2970.20 | 2975.20 | 2880.50 | 2.401 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, 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 |
| 21 Fri Jun 2024 | 2906.80 | 2974.90 | 3029.90 | 2719.15 | 1.003 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 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 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 to mid 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 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 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 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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 2926.22 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 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 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 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 to mid 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 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 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 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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 2926.22 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 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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