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Reliance Industries Limited

RELIANCE.BO Technical Analysis Summary (BSE)

Analyze RELIANCE.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RELIANCE.BO●BSE
EnergyOil & Gas Refining & Marketing
₹1307.50
₹6.50(0.49%)
Indian Market opens in 6h 37m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

RELIANCE.BO Technical Analysis Summary (BSE)

Reliance Industries Limited (BSE: RELIANCE.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 51.96)
Trend Strength:Weak (ADX: 10.62)
Volatility:Low (ATR: 18.91)
Support/Resistance:$1270.51 – $1343.38 (Bollinger Bands)

Technical conditions suggest Reliance Industries Limited on the BSE is awaiting a decisive move. This mix signals that Reliance Industries Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 51.96

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 62.81

Bullish
Buying momentum building without extremes.

Williams %R: -34.66

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 0.38

Neutral
Price change is minimal.

Takeaway:Reliance Industries Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 4.04

Bullish
Bullish, trend momentum is strengthening.

ADX: 10.62

Weak
Weak trend, market trading sideways.

ATR (14): 18.91

Rising
Rising volatility, market activity increasing.

CCI (14): -10.23

Neutral
Neutral, no strong directional signal.

Takeaway:Reliance Industries Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1343.38
Middle Band (SMA 20)
$1306.94
Lower Band
$1270.51
Current Position
Within Bands

Takeaway:Reliance Industries Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$1348.21
Middle Line (EMA 20)
$1310.39
Lower Channel
$1272.58
Squeeze Status
Squeeze On

Takeaway:Reliance Industries Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-10.34M
Money Flow Index50.61Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.04Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:RELIANCE.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Reliance Industries Limited (BSE: RELIANCE.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Reliance Industries Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: RELIANCE.BO) Technical Analysis FAQ