(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 2024-10-21 View latest technical analysis
10 day averaged volume of Reliance is 460228
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 2738.25 | 2739.65 | 2748.00 | 2716.05 | 0.428 times |
| 18 Fri Oct 2024 | 2717.55 | 2706.65 | 2736.00 | 2683.20 | 1.542 times |
| 17 Thu Oct 2024 | 2713.45 | 2738.70 | 2738.70 | 2705.00 | 1.806 times |
| 16 Wed Oct 2024 | 2708.00 | 2687.90 | 2728.55 | 2676.00 | 0.69 times |
| 15 Tue Oct 2024 | 2687.90 | 2718.95 | 2744.00 | 2681.25 | 1.398 times |
| 14 Mon Oct 2024 | 2745.20 | 2761.70 | 2761.70 | 2736.50 | 0.548 times |
| 11 Fri Oct 2024 | 2742.20 | 2742.00 | 2767.05 | 2738.00 | 0.959 times |
| 10 Thu Oct 2024 | 2742.05 | 2764.35 | 2772.00 | 2740.00 | 0.794 times |
| 09 Wed Oct 2024 | 2750.10 | 2802.70 | 2802.70 | 2744.15 | 0.696 times |
| 08 Tue Oct 2024 | 2796.05 | 2760.00 | 2802.75 | 2728.60 | 0.346 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 2715 as stoploss in an intra day buy trade for a target of 2838.09. However, stock will show a bearish move below 2715.
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 2676.00 |
| Upside Target | 2865.80 |
| Upside Target | 2927.10 |
| Upside Target | 2960.50 |
| Upside Target | 2978.00 |
| Upside Target | 3044.30 |
| Upside Target | 3066.90 |
| Upside Target | 3083.95 |
| Upside Target | 3161.45 |
| Upside Target | 3217.90 |
Intraday share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Intraday Target | 2720.2 |
| Downside Intraday Target | 2702.15 |
| Upside Intraday Target | 2752.15 |
| Upside Intraday Target | 2766.05 |
| Downside Intraday Target | 2734.1 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 2738.25 | 2739.65 | 2748.00 | 2716.05 | 0.072 times |
| 18 Fri Oct 2024 | 2717.55 | 2761.70 | 2761.70 | 2676.00 | 1.491 times |
| 11 Fri Oct 2024 | 2742.20 | 2799.95 | 2802.75 | 2722.90 | 0.393 times |
| 03 Thu Oct 2024 | 2815.25 | 3036.00 | 3044.30 | 2775.00 | 3.674 times |
| 27 Fri Sep 2024 | 3052.40 | 2980.10 | 3066.90 | 2960.50 | 0.587 times |
Price has moved up 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 |
| 21 Mon Oct 2024 | 2738.25 | 2962.70 | 2978.00 | 2676.00 | 1.261 times |
| 30 Mon Sep 2024 | 2953.80 | 3031.65 | 3066.90 | 2892.30 | 1.045 times |
| 30 Fri Aug 2024 | 3019.75 | 3023.80 | 3083.95 | 2865.80 | 1.286 times |
| 31 Wed Jul 2024 | 3010.25 | 3129.95 | 3217.90 | 2927.10 | 0.702 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 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Reliance in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 2724.23 and Reliance (Reliance) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Reliance in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 2724.23 and Reliance (Reliance) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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