(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 2024-12-16 View latest technical analysis
10 day averaged volume of Reliance is 588201
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 1268.05 | 1275.00 | 1281.60 | 1266.85 | 0.791 times |
| 13 Fri Dec 2024 | 1273.35 | 1265.00 | 1275.15 | 1240.00 | 1.882 times |
| 12 Thu Dec 2024 | 1263.85 | 1275.20 | 1278.10 | 1261.05 | 1.162 times |
| 11 Wed Dec 2024 | 1278.10 | 1286.50 | 1290.00 | 1275.35 | 1.011 times |
| 10 Tue Dec 2024 | 1284.95 | 1290.00 | 1295.00 | 1280.75 | 0.746 times |
| 09 Mon Dec 2024 | 1295.15 | 1303.00 | 1315.45 | 1292.90 | 0.942 times |
| 06 Fri Dec 2024 | 1311.80 | 1326.90 | 1326.90 | 1309.80 | 0.702 times |
| 05 Thu Dec 2024 | 1321.20 | 1310.75 | 1329.50 | 1306.40 | 1.147 times |
| 04 Wed Dec 2024 | 1309.00 | 1326.95 | 1329.00 | 1305.00 | 0.745 times |
| 03 Tue Dec 2024 | 1323.35 | 1318.85 | 1326.70 | 1307.25 | 0.586 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 1258.2 as stoploss in an intra day buy trade for a target of 1283.45. However, stock will show a bearish move below 1258.2.
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 1217.70 |
| Downside Target | 1266.85 |
| Upside Target | 1320.50 |
| Upside Target | 1329.50 |
| Upside Target | 1341.00 |
| Upside Target | 2865.80 |
| Upside Target | 2892.30 |
| Upside Target | 2978.00 |
| Upside Target | 3066.90 |
| Upside Target | 3083.95 |
Intraday share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Intraday Target | 1262.73 |
| Downside Intraday Target | 1257.42 |
| Upside Intraday Target | 1277.48 |
| Upside Intraday Target | 1286.92 |
| Upside Intraday Target | 1272.17 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 1268.05 | 1275.00 | 1281.60 | 1266.85 | 0.138 times |
| 13 Fri Dec 2024 | 1273.35 | 1303.00 | 1315.45 | 1240.00 | 1.349 times |
| 06 Fri Dec 2024 | 1311.80 | 1291.65 | 1329.50 | 1277.00 | 0.851 times |
| 29 Fri Nov 2024 | 1292.45 | 1294.80 | 1304.35 | 1269.25 | 1.153 times |
| 22 Fri Nov 2024 | 1265.95 | 1266.55 | 1281.00 | 1217.70 | 0.977 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 Mon Dec 2024 | 1268.05 | 1291.65 | 1329.50 | 1240.00 | 0.508 times |
| 29 Fri Nov 2024 | 1292.45 | 1339.85 | 1341.00 | 1217.70 | 0.992 times |
| 31 Thu Oct 2024 | 1332.60 | 2962.70 | 2978.00 | 1320.50 | 1.749 times |
| 30 Mon Sep 2024 | 2953.80 | 3031.65 | 3066.90 | 2892.30 | 1.045 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 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 BUY signal for Reliance in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Reliance Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down
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
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 1289.46 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 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 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 BUY signal for Reliance in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Reliance Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down
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
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 1289.46 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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