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Relianceindustries

RELIANCE: At Crucial Levels! Expecting to bounce back!⚡ Price Analysis: 1️⃣ Price structure is still not bullish need confirmation. 2️⃣ Strong candle formation near the demand zone. 3️⃣ Price needs to HOLD above 1,310 for a strong bull rally to kick in! ⭐ Key Observations: ➡️ Major support area so expecting the price is start bounce back ➡️ Aggressive entry can be planned since confirmation is still pending ➡️ PERFECT Risk-Reward Ratio (RRR) with a very small risk – golden chance! ⚠️ Disclaimer: This is NOT a buy/sell recommendation. For learning ONLY. Views are personal. Please, do your due diligence before investing.⚠️ 🍀Cheers! 🔥
NSE:RELIANCELong
by SuperNova396
Strong Bullish Breakout! | Daily Time Frame📈 RELIANCE INDUSTRIES LTD – Strong Bullish Breakout! 📅 Date: April 28, 2025 📈 Timeframe: Daily Chart 🔍 Stock: Reliance Industries Ltd (NSE) 📌 Technical Overview: Reliance Industries has shown strong bullish momentum after breaking out above the important level of ₹1300.90. Several indicators are supporting this breakout: ✅ RSI Breakout – Showing strong strength. ✅ Bollinger Bands Breakout – Price is breaking outside the bands, showing heavy momentum. ✅ Bullish VWAP Trend – Price is trading well above the VWAP line. ✅ TTM Squeeze Breakout – Major squeeze breakout confirms buyers' control. 🧩 Key Levels: Major Resistance Broken: ₹1300.90 ✅ Immediate Support Now: ₹1329.95 and ₹1320.20 (red lines) Next Possible Support: ₹1132.20 and ₹1114.85 (green lines, if reversal happens later) 📊 Volume Analysis: Heavy spike in volume confirming strong buying activity. 🧠 Observational Bias: As long as the price stays above ₹1300.90, the momentum remains bullish. Small dips toward support can be seen as healthy pullbacks.
NSE:RELIANCELong
by simpletradewithpatience
Reliance : A reliable stock in tough times#RelianceIndustries is on 🔥! Over the weekend, Reliance Industries delivered stellar results — beating expectations and setting a strong, positive tone for the future! 📈 Today, the stock looks ready to break out after a long consolidation phase. Eyes are now set on the key resistance zone between ₹1480 - ₹1530 — a breakout above this could unlock serious upside potential! 🎯 🛡️ On the downside, ₹1200 remains a rock-solid support level, aligning with its 200-week EMA. Only a major negative event could shake it below this mark — but for now, the momentum is very much with the bulls. 🐂 📊 Valuations? The stock is trading at a P/E of ~26, exactly in line with its 5-year historical average — meaning it’s fairly priced even after the recent gains. 🌟 Plus, the much-anticipated Reliance Retail IPO is gearing up, adding an extra layer of sentimental support that could keep any major corrections in check. Bottom Line: Having Reliance in your portfolio right now feels like playing with the trend, not against it. 🚀 #Reliance #StockMarket #Breakout #Investing #RelianceRetail #Nifty50 #Jio
NSE:RELIANCELong
by stoxsense
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_
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 Industries Long Term Chart Analysis 53% Upside PossibleHello everyone, i hope you all would be doing good in your life and your trading as well. Today i have brought an stock which is a ELEPHANT of indian market yes your guess is right, i am talking about Reliance Stock and it is trading inside the long-term trend within an upward rising channel. The price has tested both the upper resistance band and lower support band multiple times, confirming the channel's reliability. Currently, the stock is near the lower support band (1185-1155), making it a high-probability support zone for potential upside moves. A stop loss is placed at ₹986 in case of a breakdown. The projected targets are set as follows: Short-term target: 1285, Second target: 1400, Medium-term target: 1532, and the Final long-term target: 1800. The analysis suggests a 53% potential upside if the stock respects the lower band and continues its bullish trajectory. Keep an eye on price action for confirmation before entry. Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions. If you Found this helpful? Don’t forget to like, share, and drop your thoughts in the comments below.
NSE:RELIANCELong
by TraderRahulPal
2
Reliance Industries ltd - Finally sign of reversal!The current price action suggests that the market has reached a potential bottom, characterized by a reversal from a previous downtrend. This shift is confirmed as the price breaks upwards, moving decisively past a phase of consolidation or uncertainty. The Diamond Bottom pattern , a notable reversal formation, typically emerges after a sustained downtrend. Initially, the price action expands, forming higher highs and lower lows, creating a broad, widening shape. This phase indicates increased volatility and uncertainty in the market. As the pattern progresses, the trading range begins to contract, signifying a shift in market sentiment. The highs cease to climb, peaking out, while the lows start to rise, indicating a potential buildup of bullish momentum. The critical point in this pattern is the breakout above the narrowing boundary lines of the diamond. This upward breakout serves as a strong signal of a trend reversal, marking the transition from a downtrend to a new upward trajectory. Such a breakout often leads to a sustained bullish trend, supported by renewed buying interest and positive market sentiment. This reversal can be a significant opportunity for traders to capitalize on the shift in market direction. Other Positive Things [ b]ABC pattern seems to be complete as there is divergence in MACD , after which price to move at-least min 38.2% to 61.8% of Fibo levels DMI in verge of moving positive direction PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
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by hardeepssethi
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 venkatfx
2
Corrective rise in Reliance The current upmove in Reliance is corrective. The recent low was made near the 111% level, which is considered the wave B level of Flat Correction. The price is in wave C currently. If anyone is interested in buying Reliance, there is a buying opportunity in the blue box. The stop loss will be below wave B. The targets are open as: Minimum 61.8% (the price is near this level) Rule of equality 100% Extended golden ratio 161.8% This analysis is based on Elliott Wave theory and Fibonacci. This is not buying recommendations. Always do your research before taking any action. For educational purposes only.
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by theprofityogi
1
Reliance Industries Dragon Fly Doji in Weekly chart at SupportHi this is Kapil, Reliance Industries took support at 1257 on weekly and monthly support area, Made Dragon Fly Doji on weekly chart as well Bulls can be seen pulling the price back above the support level of 1237. after 43% upside swing in one year from oct 2023 to oct 2024 the stock looks in minor consolidation period to a possible reversal we can plan adding reliance in our portfolio with annual returns of 25-20% for 2025 year. Next support below 1200 is at 1004. So add near here and @1015 Near term targets are 1405 and 1569 in 2025-2026. Special Note- Reliance will actually be used as index management tool so every hourly oversold portion can be seen as possible reversal for intraday basis. Consult your Financial advisor before making any decisions
NSE:RELIANCELong
by kapilbhama
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