(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 2024-04-02 View latest technical analysis
10 day averaged volume of Reliance is 352961
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 2971.30 | 2969.50 | 2987.90 | 2950.00 | 0.336 times |
| 01 Mon Apr 2024 | 2969.50 | 2985.00 | 2988.50 | 2965.00 | 0.65 times |
| 28 Thu Mar 2024 | 2976.80 | 2994.35 | 3011.25 | 2959.00 | 1.196 times |
| 27 Wed Mar 2024 | 2987.85 | 2899.65 | 2999.90 | 2897.90 | 1.334 times |
| 26 Tue Mar 2024 | 2884.15 | 2888.60 | 2905.25 | 2877.00 | 2.674 times |
| 22 Fri Mar 2024 | 2909.90 | 2897.05 | 2920.00 | 2895.35 | 1.594 times |
| 21 Thu Mar 2024 | 2901.30 | 2891.40 | 2915.00 | 2889.65 | 0.218 times |
| 20 Wed Mar 2024 | 2886.80 | 2851.05 | 2890.20 | 2848.05 | 0.433 times |
| 19 Tue Mar 2024 | 2850.75 | 2865.60 | 2873.60 | 2835.00 | 0.363 times |
| 18 Mon Mar 2024 | 2878.35 | 2837.20 | 2883.00 | 2833.65 | 0.415 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2986.2 as stoploss in an intra day sell trade for a target of 2931.01. However, stock will show a bullish move above 2986.2.
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 2380.00 |
| Downside Target | 2568.30 |
| Downside Target | 2826.90 |
| Downside Target | 2951.25 |
| Upside Target | 2984.70 |
| Upside Target | 2988.50 |
| Upside Target | 2999.85 |
| Upside Target | 3011.25 |
| Upside Target | 3024.80 |
Intraday share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Intraday Target | 2951.37 |
| Downside Intraday Target | 2931.43 |
| Upside Intraday Target | 2989.87 |
| Upside Intraday Target | 3008.43 |
| Downside Intraday Target | 2969.93 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 2971.30 | 2985.00 | 2988.50 | 2950.00 | 0.189 times |
| 28 Thu Mar 2024 | 2976.80 | 2888.60 | 3011.25 | 2877.00 | 1.722 times |
| 22 Fri Mar 2024 | 2909.90 | 2837.20 | 2920.00 | 2833.65 | 1.253 times |
| 15 Fri Mar 2024 | 2837.25 | 2984.70 | 2984.70 | 2826.90 | 1.203 times |
| 07 Thu Mar 2024 | 2958.10 | 2981.00 | 3024.80 | 2951.25 | 0.736 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 |
| 02 Tue Apr 2024 | 2971.30 | 2985.00 | 2988.50 | 2950.00 | 0.069 times |
| 28 Thu Mar 2024 | 2976.80 | 2916.70 | 3024.80 | 2826.90 | 0.999 times |
| 29 Thu Feb 2024 | 2924.75 | 2871.20 | 2999.85 | 2836.70 | 0.652 times |
| 31 Wed Jan 2024 | 2853.20 | 2581.05 | 2917.95 | 2568.30 | 0.356 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Reliance ( (Reliance) ) based on a short 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.
Price action analysis of Reliance ( (Reliance) ) based on a short to mid 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.
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Reliance in short term and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Reliance in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 2923.8 and Reliance (Reliance) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Reliance (Reliance) stock. Volume based technical analysis of Reliance (Reliance) stock is negative.
Reliance Stock is giving positive 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Reliance ( (Reliance) ) based on a short 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.
Price action analysis of Reliance ( (Reliance) ) based on a short to mid 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.
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Reliance in short term and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Reliance in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 2923.8 and Reliance (Reliance) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Reliance (Reliance) stock. Volume based technical analysis of Reliance (Reliance) stock is negative.
Reliance Stock is giving positive 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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