Overall Technical outlook

Price Summary

Reliance Industries Limited's stock started the year at 1346.0, climbed to a high of 1350.0, fell to 1326.3, and closed -1.19% down at 1330.0, with 20719613 shares traded on 2026-04-09.
In the last 52 weeks, the stock's top price was 1592.3 and the bottom price was 0.0.
36 analysts forecast that the price of RELIANCE will range from 1370.0 to 2020.0, with an average expected price near 1720.3055.

Technicals

Support and Resistance: The current price of 1330.0 for RELIANCE is supported at 1304.7 and faces resistance at 1345.0. These levels indicate that 1304.7 could act as a floor, while 1345.0 might limit any further price increases.
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Support/Resistance for RELIANCE


Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
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Aroon chart for Reliance Industries Limited


Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Bolinger Bands chart for Reliance Industries Limited


Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for RELIANCE. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check.
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Parabolic Stop and Reverse chart for Reliance Industries Limited


Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Stochastic chart for Reliance Industries Limited


Tripple Moving Agerage: A bullish trend is reflected in the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages hint at a possible reversal. This weakening momentum suggests that while the overall trend is still upward, traders should be cautious of a potential shift in the near future.
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Tripple SMA chart for Reliance Industries Limited


When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.