(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)
10 day averaged volume of Reliance is 205560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 2831.15 | 2845.00 | 2859.40 | 2825.50 | 0.252 times |
| 14 Tue May 2024 | 2839.80 | 2805.00 | 2854.05 | 2800.00 | 0.669 times |
| 13 Mon May 2024 | 2805.30 | 2798.05 | 2813.15 | 2768.05 | 0.64 times |
| 10 Fri May 2024 | 2815.15 | 2790.15 | 2821.35 | 2775.20 | 1.862 times |
| 09 Thu May 2024 | 2786.80 | 2859.00 | 2859.00 | 2780.00 | 0.517 times |
| 08 Wed May 2024 | 2836.95 | 2795.00 | 2866.95 | 2795.00 | 1.357 times |
| 07 Tue May 2024 | 2803.95 | 2832.00 | 2840.75 | 2785.00 | 0.825 times |
| 06 Mon May 2024 | 2839.00 | 2875.00 | 2881.45 | 2836.25 | 0.698 times |
| 03 Fri May 2024 | 2868.50 | 2938.55 | 2949.10 | 2832.70 | 1.671 times |
| 02 Thu May 2024 | 2932.10 | 2945.35 | 2953.90 | 2927.65 | 0.607 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 2826.8 as stoploss in an intra day buy trade for a target of 2881.28. However, stock will show a bearish move below 2826.8.
Share price targets for Reliance (Reliance)
| Target Type | Value |
| Downside Target | 2568.30 |
| Downside Target | 2768.05 |
| Upside Target | 2886.75 |
| Upside Target | 2917.95 |
| Upside Target | 2953.90 |
| Upside Target | 2965.00 |
| Upside Target | 2971.50 |
| 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 | 2779.67 |
| Downside Intraday Target | 2728.18 |
| Upside Intraday Target | 2871.02 |
| Upside Intraday Target | 2910.88 |
| Downside Intraday Target | 2819.53 |
Weekly technical analysis of Reliance (Reliance)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 2831.15 | 2798.05 | 2859.40 | 2768.05 | 0.297 times |
| 10 Fri May 2024 | 2815.15 | 2875.00 | 2881.45 | 2775.20 | 1.201 times |
| 03 Fri May 2024 | 2868.50 | 2902.95 | 2965.00 | 2832.70 | 0.768 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 |
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 |
| 15 Wed May 2024 | 2831.15 | 2945.35 | 2953.90 | 2768.05 | 0.385 times |
| 30 Tue Apr 2024 | 2931.15 | 2985.00 | 2988.50 | 2885.20 | 0.963 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 |
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Reliance ( (Reliance) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak 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 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 2836.77 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Reliance ( (Reliance) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak 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 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 2836.77 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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