(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 2024-06-24 View latest technical analysis
10 day averaged volume of Reliance is 265506
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 2906.80 | 2943.40 | 2949.05 | 2880.50 | 3.38 times |
| 21 Fri Jun 2024 | 2906.80 | 2943.40 | 2949.05 | 2880.50 | 3.38 times |
| 20 Thu Jun 2024 | 2946.40 | 2929.95 | 2964.90 | 2900.70 | 0.373 times |
| 19 Wed Jun 2024 | 2917.20 | 2971.40 | 2975.20 | 2911.25 | 0.367 times |
| 18 Tue Jun 2024 | 2961.40 | 2970.20 | 2974.00 | 2941.20 | 0.407 times |
| 14 Fri Jun 2024 | 2928.65 | 2946.00 | 2946.00 | 2920.55 | 0.217 times |
| 13 Thu Jun 2024 | 2928.65 | 2946.00 | 2946.00 | 2920.55 | 0.217 times |
| 12 Wed Jun 2024 | 2926.05 | 2913.50 | 2952.00 | 2911.00 | 0.65 times |
| 11 Tue Jun 2024 | 2913.50 | 2949.95 | 2949.95 | 2910.00 | 0.474 times |
| 10 Mon Jun 2024 | 2940.60 | 2943.75 | 2986.55 | 2935.55 | 0.328 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 2860.1 or till 2802. Use a stoploss of 2908.55 and if the stock hits stoploss, then it can shoot up till 2956.97
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 2719.15 |
| Downside Target | 2826.90 |
| Upside Target | 2967.45 |
| 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 | 2875.18 |
| Downside Intraday Target | 2843.57 |
| Upside Intraday Target | 2943.73 |
| Upside Intraday Target | 2980.67 |
| Upside Intraday Target | 2912.12 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 2906.80 | 2943.40 | 2949.05 | 2880.50 | 0.747 times |
| 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 |
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 |
| 24 Mon Jun 2024 | 2906.80 | 2974.90 | 3029.90 | 2719.15 | 1.205 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 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 to mid 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 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 but the sell signal is initial and weak.
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 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
RSI is generating a SELL signal in short term but selling 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 2914.67 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 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 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 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 to mid 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 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 but the sell signal is initial and weak.
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 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
RSI is generating a SELL signal in short term but selling 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 2914.67 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 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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