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(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 2024-05-14 View latest technical analysis

10 day averaged volume of Reliance is 211263

Date Daily Closing Price Open High Low Volume
14 Tue May 2024 2839.80 2805.00 2854.05 2800.00 0.651 times
13 Mon May 2024 2805.30 2798.05 2813.15 2768.05 0.623 times
10 Fri May 2024 2815.15 2790.15 2821.35 2775.20 1.812 times
09 Thu May 2024 2786.80 2859.00 2859.00 2780.00 0.503 times
08 Wed May 2024 2836.95 2795.00 2866.95 2795.00 1.32 times
07 Tue May 2024 2803.95 2832.00 2840.75 2785.00 0.803 times
06 Mon May 2024 2839.00 2875.00 2881.45 2836.25 0.679 times
03 Fri May 2024 2868.50 2938.55 2949.10 2832.70 1.626 times
02 Thu May 2024 2932.10 2945.35 2953.90 2927.65 0.591 times
30 Tue Apr 2024 2931.15 2930.90 2965.00 2927.00 1.122 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 2832.1 as stoploss in an intra day buy trade for a target of 2886.37. However, stock will show a bearish move below 2832.1.

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 2787.22
Downside Intraday Target 2734.63
Upside Intraday Target 2873.22
Upside Intraday Target 2906.63
Downside Intraday Target 2820.63

Weekly technical analysis of Reliance (Reliance)

Date Weekly Closing Price Open High Low Volume
14 Tue May 2024 2839.80 2798.05 2854.05 2768.05 0.249 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
14 Tue May 2024 2839.80 2945.35 2953.90 2768.05 0.374 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 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 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 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 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 positive zone. This is a BUY 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 2847.8 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 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 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 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 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 positive zone. This is a BUY 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 2847.8 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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