(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 2024-07-23 View latest technical analysis
10 day averaged volume of Reliance is 239438
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 2975.65 | 3004.95 | 3012.85 | 2927.10 | 1.102 times |
| 22 Mon Jul 2024 | 3001.10 | 3070.15 | 3073.35 | 2998.80 | 0.794 times |
| 19 Fri Jul 2024 | 3109.50 | 3175.00 | 3179.00 | 3104.15 | 2.397 times |
| 18 Thu Jul 2024 | 3170.35 | 3152.00 | 3186.60 | 3116.10 | 0.653 times |
| 16 Tue Jul 2024 | 3151.45 | 3192.40 | 3200.00 | 3138.15 | 0.247 times |
| 15 Mon Jul 2024 | 3193.70 | 3200.15 | 3211.45 | 3171.00 | 0.665 times |
| 12 Fri Jul 2024 | 3193.45 | 3172.80 | 3209.95 | 3148.65 | 3.017 times |
| 11 Thu Jul 2024 | 3163.50 | 3178.00 | 3207.85 | 3140.65 | 0.431 times |
| 10 Wed Jul 2024 | 3166.90 | 3185.00 | 3195.00 | 3126.75 | 0.296 times |
| 09 Tue Jul 2024 | 3180.15 | 3199.95 | 3201.10 | 3162.05 | 0.7 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2940.7, for a target of 3035.3 or 3114.13
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 2719.15 |
| Downside Target | 2826.90 |
| Upside Target | 3085.20 |
| Upside Target | 3104.15 |
| Upside Target | 3126.75 |
| 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 | 2910.72 |
| Downside Intraday Target | 2845.78 |
| Upside Intraday Target | 3056.97 |
| Upside Intraday Target | 3138.28 |
| Upside Intraday Target | 2992.03 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 2975.65 | 3070.15 | 3073.35 | 2927.10 | 0.479 times |
| 19 Fri Jul 2024 | 3109.50 | 3200.15 | 3211.45 | 3104.15 | 0.755 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 |
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 |
| 23 Tue Jul 2024 | 2975.65 | 3129.95 | 3217.90 | 2927.10 | 0.533 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 down 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Reliance in short term but the sell signal is initial and weak.
Reliance Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 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 3130.42 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Reliance in short term but the sell signal is initial and weak.
Reliance Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 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 3130.42 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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