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Stock analysis Reliance Industries Limited RELIANCE

More indepth analysis on MunafaSutra.com

Moving Averages for Reliance Industries Limited

  • 5Day Average: 1258.02
  • 12Day Average: 1261.25
  • 20Day Average: 1253.51
  • 50Day Average: 1259.46
  • 100Day Average: 1820.75
  • 150Day Average: 2224.6
  • 200Day Average: 2396.05

RELIANCE Indicators & signals

Indicator MACD (12,26,9)

1257.66, 1265.94, -12.12
Indicator MACD is in negative zone

Indicator ADX (14)

21.76, 21.23, 33.04
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 36
Indicator RSI is indicating selling pressure and stock might fall.

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.

More indepth analysis on MunafaSutra.com