Stock analysis Reliance Industries Limited RELIANCE
More indepth analysis on MunafaSutra.com
Recent prices of RELIANCE Reliance Industries Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
27 Mon Jan 2025 | 1229.35 | 1220.00 to 1240.45 | -1.36% | 0.67 times |
24 Fri Jan 2025 | 1246.30 | 1243.50 to 1273.00 | -1.37% | 1 times |
23 Thu Jan 2025 | 1263.65 | 1261.60 to 1277.35 | -1.05% | 0.62 times |
22 Wed Jan 2025 | 1277.10 | 1268.70 to 1282.90 | 0.27% | 0.72 times |
21 Tue Jan 2025 | 1273.70 | 1270.20 to 1313.00 | -2.43% | 1.03 times |
20 Mon Jan 2025 | 1305.45 | 1300.25 to 1316.00 | 0.24% | 0.99 times |
17 Fri Jan 2025 | 1302.35 | 1285.00 to 1326.00 | 2.83% | 2.07 times |
16 Thu Jan 2025 | 1266.45 | 1251.30 to 1275.00 | 1.14% | 1 times |
15 Wed Jan 2025 | 1252.20 | 1241.85 to 1257.00 | 1.09% | 0.68 times |
14 Tue Jan 2025 | 1238.75 | 1227.25 to 1253.35 | -0.09% | 0.92 times |
13 Mon Jan 2025 | 1239.85 | 1226.40 to 1245.25 | 0% | 0.97 times |
13 Mon Jan 2025 | 1239.85 | 1226.40 to 1245.25 | -0.17% | 0.97 times |
Technical analysis forecast for Reliance Industries Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Reliance Industries Limited RELIANCE at this time. Stock is falling and might fall more.
It appears as if Reliance Industries Limited RELIANCE gave a large move recently.
Stock of Reliance Industries Limited (RELIANCE) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Reliance Industries Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Reliance Industries Limited stays below 1235.4, but if it comes above 1235.4, then a intra day buy could be more profitable.
If you take a sell trade below 1235.4, then use 1235.4 as stoploss and 1208 as target. However if you take a buy trade in Reliance Industries Limited, then use 1235.4 as stoploss and 1258.25 as target.