Overall Technical outlook

Price Summary

On 2026-03-02, RELIANCE's stock started at 1375.5, reached a high of 1378.6, fell to 1341.5, and ended -1.27% lower at 1358.0, with 23727290 shares traded.
During the past 52 weeks, the highest stock price was 1592.3, and the lowest was 1161.9.
According to 36 analysts, the price of RELIANCE in the future is projected to be between 1370.0 and 2020.0, with an average expected price of 1720.3055.

Technicals


Aroon: Aroon's bearish trend persists, with Aroon Down staying at the 100 level. This consistent bearish momentum suggests further declines, but a more detailed analysis using other indicators is necessary to confirm the trend's future direction.
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Aroon chart for Reliance Industries Limited


Bol. Bands: The price is positioned below the lower Bollinger Band and has remained there since the previous move, indicating a strong bearish trend. This sustained stay below the band suggests that the market might be oversold, with significant downward pressure persisting. The ongoing position in this zone could signal further declines unless a reversal occurs, making it a critical point for traders to monitor.
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Bolinger Bands chart for Reliance Industries Limited


Parabolic SAR: The PSAR has just shifted from bullish to bearish, hinting at a possible market decline. If this reversal is confirmed by other trends, it could be a very bearish signal. Investors should consider this shift carefully and seek further confirmation before taking action for Reliance Industries Limited.
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Parabolic Stop and Reverse chart for Reliance Industries Limited


Stochastic: The Stochastic K-line's drop below the D-line and under 20 points to a mildly bearish market condition for RELIANCE. While this indicates some bearish sentiment, it's not a strong signal. Investors should be aware of this potential shift and look for additional confirmation before making decisions.
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Stochastic chart for Reliance Industries Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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Tripple SMA chart for Reliance Industries Limited


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.