(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 2024-04-29 View latest technical analysis
10 day averaged volume of Reliance is 304504
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Apr 2024 | 2930.50 | 2902.95 | 2935.55 | 2900.10 | 0.639 times |
| 26 Fri Apr 2024 | 2903.00 | 2925.15 | 2930.00 | 2900.00 | 1.48 times |
| 25 Thu Apr 2024 | 2918.40 | 2888.00 | 2935.00 | 2885.20 | 0.634 times |
| 24 Wed Apr 2024 | 2900.60 | 2922.30 | 2936.65 | 2898.70 | 0.257 times |
| 23 Tue Apr 2024 | 2918.50 | 2968.55 | 2986.05 | 2912.50 | 0.898 times |
| 22 Mon Apr 2024 | 2960.60 | 2950.00 | 2964.30 | 2936.60 | 0.578 times |
| 19 Fri Apr 2024 | 2941.60 | 2918.95 | 2947.00 | 2886.75 | 1.744 times |
| 18 Thu Apr 2024 | 2928.15 | 2929.00 | 2971.50 | 2919.00 | 0.676 times |
| 16 Tue Apr 2024 | 2934.45 | 2909.95 | 2942.00 | 2902.10 | 0.516 times |
| 15 Mon Apr 2024 | 2932.90 | 2908.65 | 2964.50 | 2893.15 | 0.992 times |
My analysis of stock is bearish for shortterm, and stock might move down till 2916.2 or till 2889.6. Use a stoploss of 2938.35 and if the stock hits stoploss, then it can shoot up till 2960.52
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 2380.00 |
| Downside Target | 2568.30 |
| Downside Target | 2826.90 |
| Upside Target | 2935.55 |
| Upside Target | 2971.50 |
| Upside Target | 2980.50 |
| Upside Target | 2986.05 |
| Upside Target | 2988.50 |
| Upside Target | 2999.85 |
| Upside Target | 3024.80 |
Intraday share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Intraday Target | 2908.55 |
| Downside Intraday Target | 2886.6 |
| Upside Intraday Target | 2944 |
| Upside Intraday Target | 2957.5 |
| Downside Intraday Target | 2922.05 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Apr 2024 | 2930.50 | 2902.95 | 2935.55 | 2900.10 | 0.166 times |
| 26 Fri Apr 2024 | 2903.00 | 2950.00 | 2986.05 | 2885.20 | 0.98 times |
| 19 Fri Apr 2024 | 2941.60 | 2908.65 | 2971.50 | 2886.75 | 1.138 times |
| 12 Fri Apr 2024 | 2935.10 | 2923.40 | 2980.50 | 2923.40 | 1.039 times |
| 05 Fri Apr 2024 | 2919.95 | 2985.00 | 2988.50 | 2900.50 | 0.55 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 |
| 29 Mon Apr 2024 | 2930.50 | 2985.00 | 2988.50 | 2885.20 | 0.916 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 neutral. A longer time frame might give a better analysis.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 but the sell 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 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 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 BUY signal in short term and the buying is gaining 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 2927.26 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 neutral. A longer time frame might give a better analysis.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 but the sell 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 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 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 BUY signal in short term and the buying is gaining 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 2927.26 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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