Technicals for Reliance Industries Limited

Price Summary

On 2026-07-01, Reliance Industries Limited's stock began at 1298.9, peaked at 1312.2, declined to 1296.5, and ended the day 0.7% up at 1308.0, with 6999059 shares traded.
The peak price for the stock in the past 52 weeks is 1592.3, with the lowest price being 1258.8.

Technicals

Support and Resistance: At 1308.0, the price is supported by 1304.7 and resisted by 1345.0. This indicates that the price for Reliance Industries Limited might fluctuate between these levels, with 1304.7 acting as a support and 1345.0 limiting further upward movement.


Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.


Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.


Parabolic SAR: The PSAR maintains a bearish outlook for RELIANCE, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued.


Stochastic: The current state of the STOCHASTIC 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.


Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages raise the possibility of a reversal for RELIANCE. The weakening momentum in these shorter-term averages hints that the upward trend might be losing strength, suggesting that caution may be warranted.


In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.