(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 2024-08-06 View latest technical analysis
10 day averaged volume of Reliance is 248406
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 2911.80 | 2901.15 | 2955.35 | 2901.15 | 0.782 times |
| 05 Mon Aug 2024 | 2894.70 | 2950.05 | 2960.10 | 2865.80 | 0.995 times |
| 02 Fri Aug 2024 | 2998.45 | 3000.40 | 3018.35 | 2985.80 | 2.466 times |
| 01 Thu Aug 2024 | 3031.70 | 3023.80 | 3036.90 | 3009.85 | 0.281 times |
| 31 Wed Jul 2024 | 3010.25 | 3013.95 | 3020.95 | 3003.10 | 0.252 times |
| 30 Tue Jul 2024 | 3025.55 | 3034.75 | 3049.90 | 3021.15 | 0.587 times |
| 29 Mon Jul 2024 | 3040.75 | 3039.95 | 3054.00 | 3025.45 | 0.24 times |
| 26 Fri Jul 2024 | 3017.85 | 2998.75 | 3025.95 | 2981.90 | 3.104 times |
| 25 Thu Jul 2024 | 2982.60 | 2961.00 | 3001.15 | 2954.70 | 0.352 times |
| 24 Wed Jul 2024 | 2990.65 | 2964.85 | 3020.00 | 2953.70 | 0.661 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2966.6, but if it comes above 2966.6, then a intra day buy could be more profitable.
If you take a sell trade below 2966.6, then use 2966.6 as stoploss and 2853.9 as target. However if you take a buy trade in stock , then use 2966.6 as stoploss and 3060.5 as target.
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 2719.15 |
| Downside Target | 2865.80 |
| Upside Target | 3036.90 |
| Upside Target | 3054.00 |
| Upside Target | 3073.35 |
| Upside Target | 3104.15 |
| Upside Target | 3126.75 |
| Upside Target | 3161.45 |
| Upside Target | 3211.45 |
| Upside Target | 3217.90 |
Intraday share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Intraday Target | 2865.03 |
| Downside Intraday Target | 2818.27 |
| Upside Intraday Target | 2959.33 |
| Upside Intraday Target | 3006.87 |
| Upside Intraday Target | 2912.57 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 2911.80 | 2950.05 | 2960.10 | 2865.80 | 0.464 times |
| 02 Fri Aug 2024 | 2998.45 | 3039.95 | 3054.00 | 2985.80 | 0.643 times |
| 26 Fri Jul 2024 | 3017.85 | 3070.15 | 3073.35 | 2927.10 | 1.557 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 |
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 |
| 06 Tue Aug 2024 | 2911.80 | 3023.80 | 3036.90 | 2865.80 | 0.21 times |
| 31 Wed Jul 2024 | 3010.25 | 3129.95 | 3217.90 | 2927.10 | 0.702 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 |
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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 and the sell signal is strong.
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 moving up
CCI has generated a buy signal for Reliance in short term but BUY 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
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 2989.9 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 and the sell signal is strong.
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 moving up
CCI has generated a buy signal for Reliance in short term but BUY 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
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 2989.9 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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