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Technicals for Reliance Industries Limited
By MusingTheNews
2025-09-04 20:40
Overall Technical outlook
Price Summary
On 2025-09-04, RELIANCE's stock started at 1371.8, reached a high of 1374.0, fell to 1357.1, and ended -0.91% lower at 1359.3, with 13220310 shares traded. Throughout the 52-week period, the stock hit a high of 3052.35 and a low of 1161.9. According to 34 analysts, the price of RELIANCE in the future is projected to be between 1300.0 and 1850.0, with an average expected price of 1636.2352.
Technicals
Support and Resistance: At 1359.3, the price for RELIANCE is supported at 1285.45 and resisted at 1377.2. This indicates a trading range where 1285.45 serves as a support level, potentially preventing further decline, while 1377.2 could limit upward movement. Support/Resistance for RELIANCE
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. Aroon chart for Reliance Industries Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for Reliance Industries Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for Reliance Industries Limited
Stochastic: The STOCHASTIC is currently in a neutral position for Reliance Industries Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Stochastic chart for Reliance Industries Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. 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.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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