Technicals for Reliance Industries Limited

Price Summary

Reliance Industries Limited's stock began trading at 1315.0 on 2026-06-03, soared to 1324.0, dipped to 1301.0, and finished the day -0.14% lower at 1313.2, with 19990265 shares exchanged.
Over the course of 52 weeks, the stock peaked at 1592.3 and hit a low of 1304.6.

Technicals

Support and Resistance: At 1313.2, the price is held up by support at 1304.7 and faces resistance at 1345.0 for RELIANCE. This suggests a trading range where 1304.7 provides a base and 1345.0 limits upward movement.


Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.


Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.


Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher.


Stochastic: With the K-line positioned above the D-line and under 20 on the stochastic indicator, a bullish move may be beginning for RELIANCE. This pattern suggests that the market could be preparing for an upward trend, emerging from a period of lower levels. Investors might interpret this as a signal for potential growth.


Tripple Moving Agerage: A bullish trend is indicated by the alignment of the 20-50-100 period moving averages for RELIANCE, but this strength is tempered by the slopes of the faster averages, which hint at a possible reversal. The overall trend remains positive, yet the weakening signals from the shorter-term averages suggest that a change in direction may be imminent.


A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.