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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
01 Mon Mar 2101.70 2110.20 2112.00 2062.50 81.6 lakhs
26 Fri Feb 2085.80 2117.00 2133.90 2070.70 172.98 lakhs
25 Thu Feb 2144.35 2076.00 2152.00 2073.00 160.86 lakhs
24 Wed Feb 2061.00 2030.00 2065.25 2026.15 49.88 lakhs
23 Tue Feb 2023.45 2048.00 2052.90 2013.60 118.35 lakhs
RELIANCE chart

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2087.8, but if it comes below 2087.8, then a intra day sell could be more profitable.
If you take a sell trade below 2087.8, then use 2087.8 as stoploss and 2021.57 as target. However if you take a buy trade in stock , then use 2087.8 as stoploss and 2167.3 as target.

  • 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 2125.75 as on 02 Tue Mar 10:10

Day open is at 2122.00, day high is at 2130.00, day low is at 2105.25, and day volume is at 165.87 lakhs so far.

First 15 minute high low range is 2105.25 - 2123.00

First hour high low range is 2105.25 - 2128.00

Date Intraday Price Open High Low Volume
02 Tue Mar 10:10 2125.75 2122.00 2130.00 2105.25 2197412
02 Tue Mar 10:05 2127.95 2122.00 2130.00 2105.25 2108128
02 Tue Mar 10:00 2128.00 2122.00 2128.00 2105.25 1954055
02 Tue Mar 9:55 2121.00 2122.00 2124.00 2105.25 1717809
02 Tue Mar 9:50 2114.05 2122.00 2123.00 2105.25 1506764
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: 2114.13 or 2084.675
  • Upside target: 2123
  • Downside target : 2087.5
  • Second Upside target: 2106.85
  • Second Downside target : 2057.35

Reliance Industries (RELIANCE) weekly technical analysis

Date Weekly Close Open Range Volume
01 Mon Mar 2101.70 2110.20 2062.50
2112.00
81.597 lakhs
26 Fri Feb 2085.80 2080.00 1994.95
2152.00
611.917 lakhs
19 Fri Feb 2080.30 2048.05 2025.00
2108.40
475.373 lakhs
12 Fri Feb 2041.60 1933.05 1927.30
2078.00
623.292 lakhs
05 Fri Feb 1923.75 1859.40 1848.00
1952.00
700.685 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
01 Mon Mar 2101.70 2110.20 2062.50
2112.00
81.597 lakhs
26 Fri Feb 2085.80 1859.40 1848.00
2152.00
2411.267 lakhs
29 Fri Jan 1841.95 1988.00 1830.00
2120.00
3000.507 lakhs
31 Thu Dec 1985.30 1940.35 1855.25
2038.00
2327.693 lakhs
27 Fri Nov 1929.80 2027.00 1835.10
2095.00
4322.254 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: 2187.68
  • Downside daily target: 2082.68
  • Downside daily target: 1954.05

Reliance Industries Weekly stock price targets

  • Upside weekly target: 2197.43
  • Downside weekly target: 2084.68
  • Downside weekly target: 1984.45
  • Downside weekly target: 1885.88
  • Downside weekly target: 1733.5

Reliance Industries Monthly stock price targets

  • Upside monthly target: 2464.4
  • Upside monthly target: 2270.9
  • Upside monthly target: 2139.3
  • Downside monthly target: 2012.4
  • Downside monthly target: 1905.49
  • Downside monthly target: 1752.5
  • Downside monthly target: 1590.03

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.

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 stronger in this stock.

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 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 2075.34 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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chart RELIANCE