Overall Technical outlook

Price Summary

2026-04-30, saw RELIANCE's stock open at 1409.0, hit a peak of 1437.0, fall to a low of 1393.1, and close up 1.55% at 1430.8, with 30956783 shares changing hands.
The stock reached its highest price of 1592.3 and lowest price of 1304.6 over the last 52 weeks.
33 analysts suggest that RELIANCE's future price will lie between 1541.0 and 2020.0, with an average expected price of roughly 1732.0303.

Technicals

Support and Resistance: With the current price at 1430.8, support is found at 1390.4 and resistance at 1437.1. These levels indicate where buyers might step in at 1390.4, while sellers could limit gains at 1437.1, defining a trading boundary for Reliance Industries Limited.
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Support/Resistance for RELIANCE


Aroon: The bullish trend indicated by Aroon persists, with Aroon Up holding steady at the 100 level. This shows strong market momentum, but further exploration using additional indicators is necessary to confirm the trend's strength and future potential.
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Aroon chart for Reliance Industries Limited


Bol. Bands: In the latest move, the current price has surpassed the upper Bollinger Band, marking a bullish signal for RELIANCE. This breakout indicates that buying pressure is strong, pushing prices beyond their typical range. Such a move could suggest that the market is gaining momentum, with the potential for further upward movement.
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Bolinger Bands chart for Reliance Industries Limited


Parabolic SAR: The PSAR for RELIANCE maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment.
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Parabolic Stop and Reverse chart for Reliance Industries Limited


Stochastic: The stochastic indicator is in a bullish position, with the K-line above both the D-line and the 80 level. This configuration suggests strong upward momentum, indicating that the market may continue its positive trend. Traders might view this as a sign of ongoing strength in the market.
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Stochastic chart for Reliance Industries Limited


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
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Tripple SMA chart for Reliance Industries Limited


To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.