Overall Technical outlook

Price Summary

On 2025-10-17, Reliance Industries Limited's stock began at 1401.0, peaked at 1423.3, bottomed at 1399.1, and closed 1.13% up at 1416.8, with a volume of 19330318 shares.
The stock's highest price over the 52-week span is 2738.4, while the lowest price is 1161.9.
Analysts' predictions indicate that RELIANCE's future price will be between 1300.0 and 1850.0, with a mean price expectation of approximately 1636.2352.

Technicals

Support and Resistance: The current price of 1416.8 is supported at 1409.4, with resistance at 1431.3. This suggests that the price for RELIANCE might remain between these levels, where 1409.4 acts as a floor and 1431.3 as a ceiling in the market.
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Support/Resistance for RELIANCE


Aroon: The continuation of Aroon's bullish trend, with Aroon Up holding steady at the 100 level, signals strong market momentum. However, further analysis with other indicators is essential to assess the trend's long-term viability and potential for continued growth.
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Aroon chart for Reliance Industries Limited


Bol. Bands: In the latest price action for RELIANCE, the current price has surpassed the upper Bollinger Band, indicating a bullish breakout. This movement suggests that buying pressure has intensified, driving the price beyond its typical range. Traders often view this as a positive signal, suggesting that the market might continue to rise as momentum builds.
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Bolinger Bands chart for Reliance Industries Limited


Parabolic SAR: The PSAR for RELIANCE maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum.
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Parabolic Stop and Reverse chart for Reliance Industries Limited


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.
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Stochastic chart for Reliance Industries Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG 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.
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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.