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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 2025-02-17 View latest technical analysis

10 day averaged volume of Reliance is 409489

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Feb 2025	1224.75	1215.75	1227.20	1205.15	0.508 times
14 Fri Feb 2025	1216.95	1220.00	1224.30	1206.00	0.874 times
13 Thu Feb 2025	1216.20	1218.95	1227.95	1212.15	0.88 times
12 Wed Feb 2025	1215.70	1219.95	1227.85	1193.65	1.458 times
11 Tue Feb 2025	1234.60	1263.05	1263.40	1230.00	1.355 times
10 Mon Feb 2025	1253.40	1263.80	1266.00	1245.85	1.318 times
07 Fri Feb 2025	1266.85	1266.45	1284.75	1262.00	0.916 times
06 Thu Feb 2025	1281.55	1276.60	1287.35	1270.80	0.391 times
05 Wed Feb 2025	1278.05	1284.95	1290.00	1276.15	0.869 times
04 Tue Feb 2025	1286.00	1247.05	1289.00	1246.65	0.971 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1227.1, but if it comes above 1227.1, then a intra day buy could be more profitable.
If you take a sell trade below 1227.1, then use 1227.1 as stoploss and 1199.9 as target. However if you take a buy trade in stock , then use 1227.1 as stoploss and 1249.83 as target.

Share price targets for Reliance (Reliance)

Target Type	Value
Downside Target	1193.65
Upside Target	1266.00
Upside Target	1290.00
Upside Target	1319.35
Upside Target	1320.50
Upside Target	1325.10
Upside Target	1329.50
Upside Target	1341.00
Upside Target	2978.00

Intraday share price targets for Reliance (Reliance)

Target Type	Value
Downside Intraday Target	1210.87
Downside Intraday Target	1196.98
Upside Intraday Target	1232.92
Upside Intraday Target	1241.08
Downside Intraday Target	1219.03

Weekly technical analysis of Reliance (Reliance)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Feb 2025	1224.75	1215.75	1227.20	1205.15	0.086 times
14 Fri Feb 2025	1216.95	1263.80	1266.00	1193.65	1.43 times
07 Fri Feb 2025	1266.85	1250.00	1290.00	1238.00	0.839 times
31 Fri Jan 2025	1264.90	1239.90	1266.00	1218.90	0.465 times
24 Fri Jan 2025	1245.90	1319.35	1319.35	1244.00	1.125 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
17 Mon Feb 2025	1224.75	1250.00	1290.00	1193.65	0.296 times
31 Fri Jan 2025	1264.90	1218.95	1325.10	1212.10	1.008 times
31 Tue Dec 2024	1215.45	1291.65	1329.50	1202.10	1.153 times
29 Fri Nov 2024	1292.45	1339.85	1341.00	1217.70	0.992 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 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 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 and selling is picking up 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 1244.68 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.