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Technicals for Reliance Industries Limited
By MusingTheNews
2025-06-13 20:52
Overall Technical outlook
Price Summary
Reliance Industries Limited's stock opened at 1424.0 on 2025-06-13, surged to a high of 1435.5, hit a low of 1414.3, and closed up 0.27% at 1427.9, with 9756483 shares traded. The highest price the stock achieved in the past 52 weeks is 3201.8, while the lowest price it saw is 1161.9. The expected price range is between 1293.0 and 1720.0, with a mean anticipated price of 1561.2941, according to 34 analysts.
Technicals
Support and Resistance: The price for RELIANCE at 1427.9 is supported by the 1377.2 level and faces resistance at 1431.3. This range indicates key levels where the price may find buyers near 1377.2 and sellers near 1431.3, defining a trading range. Support/Resistance for RELIANCE
Aroon: The AROON 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. Aroon chart for Reliance Industries Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Reliance Industries Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for RELIANCE. Parabolic Stop and Reverse chart for Reliance Industries Limited
Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Stochastic chart for Reliance Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Reliance Industries Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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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