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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
16 Wed Jun 2211.60 2244.90 2247.05 2205.85 49.83 lakhs
15 Tue Jun 2250.00 2261.00 2274.90 2240.30 70.03 lakhs
14 Mon Jun 2244.90 2215.00 2258.25 2195.05 93.83 lakhs
11 Fri Jun 2213.15 2182.90 2228.00 2180.10 63.52 lakhs
10 Thu Jun 2183.00 2193.40 2230.00 2177.55 65.33 lakhs
RELIANCE chart

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2235.4 as stoploss in an intra day sell trade for a target of 2131.4. However, stock will show a bullish move above 2235.4.

  • 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 2227.30 as on 17 Thu Jun 11:05

Day open is at 2200.00, day high is at 2235.00, day low is at 2189.90, and day volume is at 407.91 lakhs so far.

First 15 minute high low range is 2189.90 - 2201.80

First hour high low range is 2189.90 - 2234.00

Date Intraday Price Open High Low Volume
17 Thu Jun 11:05 2227.30 2200.00 2235.00 2189.90 2962442
17 Thu Jun 11:00 2228.20 2200.00 2235.00 2189.90 2898883
17 Thu Jun 10:55 2229.95 2200.00 2235.00 2189.90 2807534
17 Thu Jun 10:50 2231.40 2200.00 2235.00 2189.90 2631842
17 Thu Jun 10:45 2230.35 2200.00 2235.00 2189.90 2465887
Intraday RELIANCE chart

Prices of Reliance Industries are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

Reliance Industries (RELIANCE) intraday stock price targets

  • EntEntry: 2195.85 or 2217.5875
  • Upside target: 2201.8
  • Downside target : 2178
  • Second Upside target: 2229.33
  • Second Downside target : 2188.13

Reliance Industries (RELIANCE) weekly technical analysis

Date Weekly Close Open Range Volume
16 Wed Jun 2211.60 2215.00 2195.05
2274.90
213.693 lakhs
11 Fri Jun 2213.15 2202.00 2157.95
2242.00
301.539 lakhs
04 Fri Jun 2190.50 2102.00 2085.05
2250.00
693.224 lakhs
28 Fri May 2094.80 2008.00 1960.00
2105.00
526.577 lakhs
21 Fri May 2002.55 1937.30 1930.40
2016.45
288.267 lakhs
weekly RELIANCE chart

Weekly forecast of Reliance Industries is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

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
16 Wed Jun 2211.60 2166.00 2146.50
2274.90
935.598 lakhs
31 Mon May 2160.30 1966.00 1906.00
2191.70
1727.738 lakhs
30 Fri Apr 1994.50 2018.00 1876.70
2046.90
1509.934 lakhs
31 Wed Mar 2003.10 2110.20 1973.70
2231.90
1846.044 lakhs
26 Fri Feb 2085.80 1859.40 1848.00
2152.00
2411.267 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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: 2283.18
  • Downside daily target: 2171.28

Reliance Industries Weekly stock price targets

  • Upside weekly target: 2302.73
  • Downside weekly target: 2185.55
  • Downside weekly target: 2066.2
  • Downside weekly target: 1966.48

Reliance Industries Monthly stock price targets

  • Upside monthly target: 2464.4
  • Upside monthly target: 2318.85
  • Downside monthly target: 2181.75
  • Downside monthly target: 2059.45
  • Downside monthly target: 1948.7
  • Downside monthly target: 1850.5
  • Downside monthly target: 1752.5

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 losing momentum.

MACD generated a BUY signal for Reliance Industries in short term and the buy signal is strong.

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 coming down

CCI has generated a SELL signal for Reliance Industries in short term but SELL 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 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 2214.22 and Reliance Industries RELIANCE stock is trading below this level. This means that stock is falling with high volumes. 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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