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2021 Reliance Industries (RELIANCE) technical analysis [forecast] stock price targets

Reliance Industries technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Reliance Industries deals in Integrated Oil & Gas Reliance Industries option chain analysis

Date Close Open High Low Volume
28 Tue Sep 2548.05 2534.00 2564.90 2512.80 83.23 lakhs
27 Mon Sep 2524.45 2487.00 2529.90 2475.30 70.95 lakhs
24 Fri Sep 2482.70 2503.55 2505.45 2472.00 70.11 lakhs
23 Thu Sep 2489.90 2447.40 2497.00 2445.50 72.68 lakhs
22 Wed Sep 2430.50 2408.00 2442.00 2398.25 50.75 lakhs
RELIANCE chart

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2569.2, for a target of 2480.8 or 2407.17

  • Daily Price action analysis of 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.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of RELIANCE based on a 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.

Intraday technical analysis of Reliance Industries

Stock is trading at 2548.05 as on 28 Tue Sep 15:34

Day open is at 2534.00, day high is at 2564.90, day low is at 2512.80, and day volume is at 3128.14 lakhs so far.

First 15 minute high low range is 2527.00 - 2537.80

First hour high low range is 2525.00 - 2561.80

Date Intraday Price Open High Low Volume
28 Tue Sep 15:34 2548.05 2534.00 2564.90 2512.80 8322311
28 Tue Sep 15:30 2545.00 2534.00 2564.90 2512.80 8322311
28 Tue Sep 15:25 2548.00 2534.00 2564.90 2512.80 8103178
28 Tue Sep 15:20 2549.65 2534.00 2564.90 2512.80 7834901
28 Tue Sep 15:15 2552.45 2534.00 2564.90 2512.80 7586001
Intraday RELIANCE chart

Trend of Reliance Industries is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Reliance Industries (RELIANCE) intraday stock price targets

  • EntEntry: 2532.4 or 2547.6625
  • Upside target: 2537.8
  • Downside target : 2516.2
  • Second Upside target: 2582.53
  • Second Downside target : 2530.43

Reliance Industries (RELIANCE) weekly technical analysis

Date Weekly Close Open Range Volume
28 Tue Sep 2548.05 2487.00 2475.30
2564.90
154.183 lakhs
24 Fri Sep 2482.70 2372.10 2370.00
2505.45
293.662 lakhs
17 Fri Sep 2390.55 2433.00 2366.00
2455.85
381.299 lakhs
09 Thu Sep 2425.60 2413.00 2406.65
2480.00
342.694 lakhs
03 Fri Sep 2388.50 2250.00 2236.80
2395.00
425.868 lakhs
weekly RELIANCE chart

Weekly forecast of Reliance Industries is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Reliance Industries 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.

Weekly Price action analysis of Reliance Industries 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.

Reliance Industries (RELIANCE) Monthly technical analysis

Date Monthly Close Open Range Volume
28 Tue Sep 2548.05 2273.00 2255.00
2564.90
1410.74 lakhs
31 Tue Aug 2258.15 2054.30 2041.15
2283.75
1301.799 lakhs
30 Fri Jul 2035.30 2118.00 2016.25
2153.55
994.148 lakhs
30 Wed Jun 2110.65 2166.00 2081.00
2274.90
2323.92 lakhs
31 Mon May 2160.30 1966.00 1906.00
2191.70
1727.738 lakhs
monthly RELIANCE chart

Monthly forecast of Reliance Industries is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly Price action analysis of Reliance Industries 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.

Monthly Price action analysis of Reliance Industries 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.

Reliance Industries Daily stock price targets

  • Upside daily target: 2582.53
  • Downside daily target: 2458.13

Reliance Industries Weekly stock price targets

  • Upside weekly target: 2601.28
  • Downside weekly target: 2470.85
  • Downside weekly target: 2333.35
  • Downside weekly target: 2212.38
  • Downside weekly target: 2106.08
  • Downside weekly target: 1973.4

Reliance Industries Monthly stock price targets

  • Upside monthly target: 2711.43
  • Downside monthly target: 2483.21
  • Downside monthly target: 2318.85
  • Downside monthly target: 2192.78
  • Downside monthly target: 2059.45
  • Downside monthly target: 1957.13
  • Downside monthly target: 1859.3
  • Downside monthly target: 1690.98

Reliance Industries (RELIANCE) indicators technical analysis

Price action analysis of Reliance Industries (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.

ADX buy sell signal for Reliance Industries stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Reliance Industries 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 Industries 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Reliance Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Reliance Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2448.07 and Reliance Industries 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 Industries RELIANCE stock. Volume based technical analysis of Reliance Industries RELIANCE stock is negative.

Reliance Industries 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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