(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 2024-07-16 View latest technical analysis
10 day averaged volume of Reliance is 263530
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 3151.45 | 3192.40 | 3200.00 | 3138.15 | 0.224 times |
| 15 Mon Jul 2024 | 3193.70 | 3200.15 | 3211.45 | 3171.00 | 0.604 times |
| 12 Fri Jul 2024 | 3193.45 | 3172.80 | 3209.95 | 3148.65 | 2.741 times |
| 11 Thu Jul 2024 | 3163.50 | 3178.00 | 3207.85 | 3140.65 | 0.392 times |
| 10 Wed Jul 2024 | 3166.90 | 3185.00 | 3195.00 | 3126.75 | 0.269 times |
| 09 Tue Jul 2024 | 3180.15 | 3199.95 | 3201.10 | 3162.05 | 0.636 times |
| 08 Mon Jul 2024 | 3202.10 | 3179.90 | 3217.90 | 3165.00 | 0.728 times |
| 05 Fri Jul 2024 | 3180.05 | 3103.80 | 3197.65 | 3096.10 | 2.88 times |
| 04 Thu Jul 2024 | 3107.90 | 3116.95 | 3134.50 | 3102.30 | 0.503 times |
| 03 Wed Jul 2024 | 3105.30 | 3130.35 | 3149.50 | 3085.20 | 0.651 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3191.3 as stoploss in an intra day sell trade for a target of 3085.16. However, stock will show a bullish move above 3191.3.
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 2719.15 |
| Downside Target | 2826.90 |
| Downside Target | 2975.20 |
| Downside Target | 3085.20 |
| Downside Target | 3126.75 |
| Downside Target | 3138.15 |
| Upside Target | 3161.45 |
| Upside Target | 3197.65 |
| Upside Target | 3211.45 |
| Upside Target | 3217.90 |
Intraday share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Intraday Target | 3122.58 |
| Downside Intraday Target | 3093.72 |
| Upside Intraday Target | 3195.88 |
| Upside Intraday Target | 3240.32 |
| Upside Intraday Target | 3167.02 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 3151.45 | 3200.15 | 3211.45 | 3138.15 | 0.174 times |
| 12 Fri Jul 2024 | 3193.45 | 3179.90 | 3217.90 | 3126.75 | 0.892 times |
| 05 Fri Jul 2024 | 3180.05 | 3129.95 | 3197.65 | 3085.20 | 0.441 times |
| 28 Fri Jun 2024 | 3131.85 | 2943.40 | 3161.45 | 2880.50 | 2.657 times |
| 21 Fri Jun 2024 | 2906.80 | 2970.20 | 2975.20 | 2880.50 | 2.401 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 |
| 16 Tue Jul 2024 | 3151.45 | 3129.95 | 3217.90 | 3085.20 | 0.377 times |
| 28 Fri Jun 2024 | 3131.85 | 2974.90 | 3161.45 | 2719.15 | 1.724 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 |
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 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 term time period is neutral. A longer time frame might give a better analysis.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 3175.86 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 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 term time period is neutral. A longer time frame might give a better analysis.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 3175.86 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.
Click here for Reliance charts
Click here for further forecast and predictions for tomorrow