(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 2024-08-14 View latest technical analysis
10 day averaged volume of Reliance is 349951
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 2922.65 | 2926.50 | 2943.40 | 2908.00 | 0.163 times |
| 13 Tue Aug 2024 | 2926.90 | 2925.00 | 2939.90 | 2915.60 | 4.246 times |
| 12 Mon Aug 2024 | 2921.50 | 2932.40 | 2946.00 | 2916.20 | 0.419 times |
| 09 Fri Aug 2024 | 2948.30 | 2927.70 | 2954.05 | 2912.05 | 1.089 times |
| 08 Thu Aug 2024 | 2895.50 | 2923.00 | 2927.20 | 2892.25 | 0.506 times |
| 07 Wed Aug 2024 | 2929.20 | 2945.75 | 2946.10 | 2923.00 | 0.349 times |
| 06 Tue Aug 2024 | 2911.80 | 2901.15 | 2955.35 | 2901.15 | 0.555 times |
| 05 Mon Aug 2024 | 2894.70 | 2950.05 | 2960.10 | 2865.80 | 0.706 times |
| 02 Fri Aug 2024 | 2998.45 | 3000.40 | 3018.35 | 2985.80 | 1.75 times |
| 01 Thu Aug 2024 | 3031.70 | 3023.80 | 3036.90 | 3009.85 | 0.2 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2915.8 as stoploss in an intra day buy trade for a target of 2985.25. However, stock will show a bearish move below 2915.8.
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 2719.15 |
| Downside Target | 2865.80 |
| Upside Target | 2985.80 |
| Upside Target | 2988.50 |
| Upside Target | 3036.90 |
| Upside Target | 3054.00 |
| Upside Target | 3073.35 |
| Upside Target | 3104.15 |
| 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 | 2905.1 |
| Downside Intraday Target | 2887.55 |
| Upside Intraday Target | 2943.1 |
| Upside Intraday Target | 2963.55 |
| Upside Intraday Target | 2925.55 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 2922.65 | 2932.40 | 2946.00 | 2908.00 | 1.506 times |
| 09 Fri Aug 2024 | 2948.30 | 2950.05 | 2960.10 | 2865.80 | 1.181 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 |
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 |
| 14 Wed Aug 2024 | 2922.65 | 3023.80 | 3036.90 | 2865.80 | 0.652 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 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 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 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 and the sell 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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
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 2938.95 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 negative.
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 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 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 and the sell 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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
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 2938.95 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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