Reliance - Resistance and Support - 30minsThe chart shows Reliance currently trading inside a clear descending channel, indicated by the two blue parallel trendlines. After forming a short-term swing high around the end of November, the stock has been making lower highs and lower lows, confirming a downward trend.
The upper blue trendline
Key facts today
Reliance Industries shows a strong uptrend, breaking out from a Cup & Handle pattern. The stock is above the 12-week EMA, with a target price of Rs 1,620 and a stop-loss at Rs 1,504.
Reliance Industries is adjusting its oil sourcing strategies in response to U.S. sanctions on Russian oil producers, which is anticipated to raise the cost of energy imports for India.
Reliance Industries' JioHotstar will invest $444 million in the next five years to acquire and produce South Indian content, addressing rising demand amid challenges in the Hindi film sector.
1.7 USD
8.24 B USD
113.89 B USD
6.77 B
About Reliance Industries Limited
Sector
Industry
CEO
Mukesh Dhirubhai Ambani
Website
Headquarters
Mumbai
Founded
1957
ISIN
US7594701077
FIGI
BBG000BLTD46
Reliance Industries Ltd. engages in hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, and telecommunications. It operates through the following segments: Oil to Chemicals (O2C), Oil & Gas, Retail, Digital Services, Financial Services, and Others. The O2C segment includes refining, petrochemicals, fuel retailing through Reliance BP Mobility Limited, aviation fuel and bulk wholesale marketing. The Oil and Gas segment engages in the exploration, development and production of crude oil and natural gas. The Retail segment includes consumer retail and range of related services. The Digital Services segment includes provision of a range of digital services. The Financial Services segment comprises of management and deployment of identified resources of the firm to various activities including non-banking financial services and insurance broking. The Others segment engages in Media, SEZ development, and textile business. The company was founded by Dhirubhai Hirachand Ambani in 1957 and is headquartered in Mumbai, India.
Related stocks
RIL S/Rsanthosh
Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance l
Reliance Industries – Key Weekly Chart Setup | Strong SupportReliance Industries – Key Weekly Chart Setup | Strong Support Zone & Rebound Potential 🚀
Ticker: RELIANCE (NSE)
Timeframe: Weekly
Current Price: ₹1,299.50
Technical Indicators: 200W MA, Fibonacci Retracement, MACD Divergence
🔍 Technical Analysis Insight:
Reliance Industries is currently hove
Understanding Market Structure – The Foundation of Price Action📌 Description
Market Structure defines the direction and strength of price.
• Uptrend → Higher Highs & Higher Lows
• Downtrend → Lower Highs & Lower Lows
• Range → Balanced market between support & resistance
Key concepts:
• BOS (Break of Structure) → Trend continuation or reversal confirmation
Reliance Looking Good...Buy REL at current level and all dips
Target1 - 3000
Target2 - 3200
Target3 - 3627 (if close above 3210)
Disclaimer :-
I am not SEBI registered. The information provided here is for education purposes only.
I will not be responsible for any of your profit/loss with this channel suggestions.
Cons
REL Inds : Major Red Band Resistance vanished. REL Inds : important milestone achieved.
Major stubborn Red Band Resistance vanished Momentum continues after a Buy Signal.
Next important level : 1600
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
RELIANCE | Buy if weekly Close above 1545RELIANCE | Buy if weekly Close above 1545 | SL below 1500 on closing basis | 1st Target 1880
Disclaimer (Please Read Carefully):
This is not investment advice. The stocks shared here are purely for educational and informational purposes. Please do your own research or consult with a financial adv
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
USY72570AL17
Reliance Industries Limited 10.25% 15-JAN-2097Yield to maturity
7.29%
Maturity date
Jan 15, 2097
USY72570AG22
Reliance Industries Limited 10.5% 06-AUG-2046Yield to maturity
7.08%
Maturity date
Aug 6, 2046
RLNGF5335117
Reliance Industries Limited 3.625% 12-JAN-2052Yield to maturity
5.59%
Maturity date
Jan 12, 2052
RLNGF5335118
Reliance Industries Limited 3.75% 12-JAN-2062Yield to maturity
5.47%
Maturity date
Jan 12, 2062
RLNGF4208883
Reliance Industries Limited 4.875% 10-FEB-2045Yield to maturity
5.34%
Maturity date
Feb 10, 2045
RLNGF5059438
Reliance Industries Limited 6.25% 19-OCT-2040Yield to maturity
5.12%
Maturity date
Oct 19, 2040
RLNGF5335116
Reliance Industries Limited 2.875% 12-JAN-2032Yield to maturity
4.49%
Maturity date
Jan 12, 2032
RLNGF4567942
Reliance Industries Limited 3.667% 30-NOV-2027Yield to maturity
4.27%
Maturity date
Nov 30, 2027
USY72570AK34
Reliance Industries Limited 8.25% 15-JAN-2027Yield to maturity
3.88%
Maturity date
Jan 15, 2027
USY72570AF49
Reliance Industries Limited 9.375% 24-JUN-2026Yield to maturity
2.91%
Maturity date
Jun 24, 2026
RLNGF4350421
Reliance Industries Limited 2.06% 15-JAN-2026Yield to maturity
—
Maturity date
Jan 15, 2026
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