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Relianceforecast

Reliance Industries is at crucial levels. Be careful Reliance continues to trade under distribution pressure after failing to hold above the 1420 supply band. Price action suggests institutions are not accumulating yet, with rallies being used as exit liquidity. Structure: Bearish below 1405 Trend: Weak (below falling averages) Momentum: Fading bounce attempt Key Levels: Supply → 1405 – 1420 Resistance → 1505 (trend change) Support → 1360 Next demand → 1320 Desk Bias: Sell on rise until 1420 is reclaimed. Operator Note: Stock remains in repair phase. Fresh longs only above structural reclaim. — For educational purposes. Not financial advice.
NSE:RELIANCE
by iampatilkishor
Reliance Industries Limited Daily ChartCurrent Price (approx): ₹1401–₹1437 range recently on NSE depending on session movement. 📍 Daily Pivot Level Pivot: ₹1456 🔼 Resistance Levels R1: ₹1466 R2: ₹1484 R3: ₹1494 🔽 Support Levels S1: ₹1439 S2: ₹1428 S3: ₹1411 (These are calculated from recent daily technical indicators and pivot-point models used by traders.) 📊 Current Daily Technical View Price recently trading below the pivot, indicating short-term bearish to neutral momentum. If price breaks above ₹1466, the next upside zone may move toward ₹1484–₹1494. If price falls below ₹1439, downside levels may extend to ₹1428 → ₹1411. 📈 Simple Trading Zones (Daily) Above ₹1466: bullish momentum ₹1439 – ₹1466: sideways range Below ₹1439: bearish pressure
NSE:RELIANCELong
by GlobalWolfStreet
RELIANCE — Dead Bounce or Structural Reclaim?CMP: 1,468 The uptrend is broken. That’s not opinion — that’s structure. Lower highs. Momentum rollover. 200 DMA lost, then violently reclaimed. Now we’re in the only zone that matters. Price flushed into 1,360s. Sharp recovery followed. Currently testing the underside of the breakdown region around 1,470–1,490. This is not random movement. This is a re-pricing phase. --- What This Actually Is • Short-term averages curling up • Price attempting to reclaim the 200 DMA (~1,460–1,480 cluster) • Volume expanded on the flush — recovery volume improving but not dominant This is a decision pocket. Markets don’t hover here. They resolve. --- The Levels That Matter Above 1,485–1,490 (acceptance, not a wick) → Path opens toward 1,520–1,560 → That confirms the flush was exhaustion, not trend continuation Failure below 1,440 → Bounce was corrective → Retest of 1,400–1,360 liquidity becomes probable --- We’re sitting at a harmonic pivot — price aligning with long-term average and prior supply. These clusters tend to produce expansion, not drift. No prediction. Only conditional positioning. #Reliance #MarketStructure #SwingTrading #NSE #PriceAction #Liquidity #TradingView
NSE:RELIANCELong
by iampatilkishor
Reliance IndustriesReliance has broken an important level marked in Red dashed line, which will now act as a resistance, It is sustaining below this level which could be bearish sign, So if it rejects from the yellow dashed line at 1466 and breaks the white dashed line at 1445 level then it could test below key support at 1380 marked on the chart or to the green dashed line . Disclaimer : It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
NSE:RELIANCEShort
by Kilopapa
RELIANCE : Analysis and Prediction Timeframe: 1D Structure: ABC corrective structure within a broader range Current Price Zone: ~₹1,458 Market Phase: Post-distribution correction from extended retracement highs 🔍 Big Picture Market Structure (Educational View) Reliance has completed a strong impulsive upmove, followed by profit booking from an extended Fibonacci retracement zone (113%–127%), which is clearly visible near the recent highs. This behavior is textbook market psychology: Smart money distributes positions near extended projections Late buyers enter near highs Price then corrects to value zones, where demand is reassessed The chart now reflects a classic ABC correction: Wave A: Sharp rejection from supply zone Wave B: Temporary bounce (short covering + dip buying) Wave C: Ongoing corrective leg testing demand 📐 Why These Levels Matter (Trading Psychology Explained) 🔴 Supply Zone: ₹1,580–1,610 (113%–127%) This zone triggered strong selling because: Long-term holders booked profits Institutions reduced risk at stretched valuations Breakout buyers were trapped 📌 Extended Fibonacci zones often act as exhaustion points. 🟡 Golden Support Zone: ₹1,398–1,476 (50%–78.6%) This zone is critical because: It represents fair value retracement of the prior rally Dip buyers and positional traders look for re-entry here Short sellers start covering partially 🧠 Markets frequently pause or bounce here due to a balance between fear (from longs) and greed (from value buyers). 🔵 Lower Extended Support: ₹1,267–1,305 (127%–113%) If the golden zone fails: Confidence of dip buyers weakens Panic selling increases Price seeks deeper liquidity 📉 This is where only high-conviction buyers step in. 🟢 Bullish Reaction Scenario (Base Case) If price: Holds above ₹1,398–1,420 Shows stabilization (small candles / higher lows) Then: First recovery toward ₹1,476 (50%) Further bounce possible toward ₹1,580 Momentum buyers re-enter above broken VWAP zones 📈 This would be a corrective bounce, not a fresh trend yet. 🔴 Bearish Continuation Scenario (Risk Case) If price: Fails to sustain above ₹1,398 Closes decisively below this zone Then: Downside opens toward ₹1,305 → ₹1,267 Breakdown reflects loss of confidence by dip buyers Sentiment shifts from “buy the dip” to “sell on bounce” 🎓 Educational Takeaways for Traders Extended rallies end with distribution, not collapse Fibonacci levels work because most traders watch them Corrections test patience, not intelligence Price reacts where emotions are highest, not where logic feels comfortable 🧠 Trading Psychology Behind This Chart Zone Trader Behavior Highs (1,580–1,610) Greed → Distribution Pullback begins Hope → Dip buying Golden zone Fear vs Opportunity Breakdown Panic & Capitulation 📘 Markets move because people react — levels simply highlight where reactions cluster. 🔮 Price Outlook (Educational Projection) Above ₹1,420: Range-bound recovery likely Above ₹1,476: Momentum improves, bounce extension possible Below ₹1,398: Deeper correction toward ₹1,305 Below ₹1,267: Structure turns weak on higher timeframe 🧾 Conclusion Reliance is currently in a healthy corrective phase after profit booking from stretched levels. The ₹1,398–1,476 zone is the most important area to watch — it will decide whether this correction ends as accumulation or turns into distribution continuation. 📌 Let price confirm intent; don’t predict emotions. ⚠️ Disclaimer This analysis is for educational purposes only. I am not a SEBI registered analyst. Markets are uncertain, and I can be wrong. Please consult a financial advisor before trading or investing.
NSE:RELIANCELong
by LiveTradingBox
Reliance: Channel Breakdown Below 1535Details: Asset: Reliance Industries Ltd (RELIANCE) Breakdown Level: 1535 Potential Targets: 1470, lower levels if selling pressure continues Stop Loss: 1570 Timeframe: Short-term Rationale: Reliance has broken below the key channel support at 1535, indicating a shift toward bearish momentum. If the price continues to sustain below this level, further downside toward 1470 or even lower levels is likely. Market Analysis: Technical Setup: Clean channel breakdown with strong bearish candles forming. Momentum: Weakness observed across multiple timeframes, confirming selling pressure. Risk Management: Stop loss at 1570 to avoid getting trapped in any pullback. Risk-Reward Ratio: Favorable for short positions with clear breakdown and defined targets. Monitor for continued weakness and volume confirmation to validate the bearish move.
NSE:RELIANCEShort
by CyborgTradingHub
RELIANCE INDUSTRIES – Buying Zone Test with Reversal PotentialRight now, the stock is respecting a long-standing falling channel, and it has just bounced off the lower boundary of the pattern near the marked Buying Zone. The stock has been consolidating for the past 9 months inside a downward-sloping channel, and this retest could serve as the ignition point for a trend reversal. All important levels have been marked on the chart. Looking at the price action and structure, there's a high probability that RELIANCE can move towards ₹1,325 in the coming weeks if the reversal holds. Volume surged near the bottom, hinting at smart money accumulation. Entering near ₹1,110–₹1,120 zone gives a solid Risk: Reward :: 1 : 3.3 Support Levels: 🔹 ₹1,165 – Minor demand zone 🔹 ₹1,110 – Major support and channel lower trendline 🔹 ₹1,085 – Last swing low, demand base Resistance Levels: 🔹 ₹1,204 – First level of resistance 🔹 ₹1,280 – Mid-channel upper zone 🔹 ₹1,325 – Short-term breakout target Reasons: ✅ 9-month falling channel ✅ Strong bounce off major support (Buying Zone) ✅ RSI rebounding from oversold territory ✅ Volume spike at support = potential smart money entry ✅ Favorable R:R for positional entry ✅ Potential early reversal before breakout News & Sentiment: No major negative news post-recent drop. The correction seems technical, and long-term sentiment remains optimistic especially around expected earnings and energy sector momentum. Verdict: Bullish Plan of Action: Enter on strength above ₹1,175 or on dip near ₹1,120 zone with volume confirmation. BUY: ₹1,120–₹1,175 Stoploss: ₹1,085 Target: ₹1,325 Trailing SL: ₹25–₹30
NSE:RELIANCELong
by finnova_
2
Reliance | Upcoming Possible MovementsCurrently stock trading at support area (multiple time frames) of 1280 A small upside possible from here But as we can see it has broken a trend line / channel, so any pullback on upside may trigger a fresh selling for the downside strong support area of 1260 (as it also happens to be a flip zone) 1260 can be considered as a strong support area Any sideways accumulation on that area will possible trigger a strong upside movement Lower time frame confirmation must be taken before entering at any levels
NSE:RELIANCEShort
by Vishy5
"Reliance on the Move: Is This the Start of a Major Reversal?"📢 Market Sentiment Poll: Where Do You See Reliance Industries Heading? 🔘 Bullish – Potential upside towards ₹1,400+ 🚀 🔘 Neutral – Likely to consolidate 📊 🔘 Bearish – Could dip below ₹1,200 📉 💬 Share your market insights in the comments! This poll is for educational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
NSE:RELIANCE
by simpletradewithpatience
1
Reliance - Is at attractive level to Buy & Invest nowRIL now around 1200-1250 levels is very good opportunity to buy and get invested for medium to long term profits. Price is at swing support and this low level was due to Elon entry into India and groupism by MF Manager to accumulate at lower levels. RIL recent land purchase at throwaway price and its business with NVDIA & Disney are few reasons to fetch more income to RIL. RBI mood to devalue to INR is +ve for RIL. Reliance is No - 1 company for 2 decades now. Stay Invested in this counter for good Profits. use this for educational purpose and consult your Advisor or take your own decision before Investing
NSE:RELIANCELong
by UnknownUnicorn1516886
2
Reliance Inds cmp 1205.30 Weekly Chart view by Negative Phase*Reliance Inds cmp 1205.30 by Weekly Chart view - Indicatively trailing thru negative phase* - Stock has formed Bearish Rounding Top - Resistance Zone 1250 to 1280 Price Band - Interim Support Zone seen at 1165 to 1185 Price Band - Next Good Support Zone is seen at 1045 to 1075 Price Band - Volumes are steady but seen more on the selling side over past few weeks - Stock Price broke down below Rising Support Trendline & well under Falling Resistance Trendline - Weekly basis Support at 1145 > 1075 > 990 with the Resistance at 1298 > 1380 > 1490 > ATH 1608.80
NSE:RELIANCE
by PIYUSHCHAVDA
Reliance Inds cmp 1267.60 by Weekly Chart viewReliance Inds cmp 1267.60 by Weekly Chart view - Stock has formed Bearish Rounding Bottom - Support Zone seen at 1050 to 1100 Price Band - Support Zone 1250 to 1300 Price Band turning into Resistance Zone - Stock might probably show more downside by the Technical Chart setup - Weekly Basis : Support at 1195 > 1100 > 995 with Resistance at 1360 > 1445 >1535 > ATH 1608.80 - Stock Price gone well below the crossover of both the Falling Resistance Trendline and also the Rising Support Trendline been broken down
NSE:RELIANCE
by PIYUSHCHAVDA
3