Relianceindustries

RELIANCE: Falling Wedge Bullish Reversal at Strong Support ₹1469 Technical Analysis Pattern Formation : The 1-Day chart of Reliance Industries Limited (RELIANCE) displays a multi-month Falling Wedge pattern. Lower highs and lower lows are gradually narrowing toward a technical apex, indicating seller exhaustion. Support Zone: Price action is testing a major Strong Support Area around ₹1,200 – ₹1,210. This zone aligns with past macro swing lows and includes a recorded False Breakout / Liquidity Sweep (under ₹1,200), signaling strong institutional buying d

by thetradeguru_fx

Reliance for buying ... Reliance Industries Investment View 📊 RELIANCE INDUSTRIES — ACCUMULATION VIEW CMP: ~₹1,322 Buying Zone: ₹1,280–₹1,320 Target 1: ₹1,500 🎯 Target 2: ₹1,600 🎯 Target 3: ₹1,700+ 🎯 Time Horizon: 8–12 Months Reliance Industries is approaching an attractive accumulation zone after remaining well below its 52-week high. The company’s diversified exposure across Jio, Retail, O2C and New Energy provides multiple potential growth drivers, while improving refining margins could support near-term earnings

01:12

by Pie_ddn_chart_reader

RELIANCE — 5-Year Trendline Meets Falling Wedge Overview Reliance Industries is trading at 1,322.0, up 1.50%, testing a major confluence zone where a 5-year rising trendline support meets the lower boundary of a shorter-term falling wedge. This dual support test makes the current zone an important one to watch for a potential reversal. Long-Term Chart Pattern Explanation On the long-term view, Reliance has respected a rising trendline support stretching back 5 years, currently near 1,257. Zooming into the daily chart, price has been dec

Reliance: Breakdown Below ₹1,280 Could Open the Door to ₹1,200 Reliance is trading around ₹1,280, right at a long-term rising trendline that has supported price since 2020. The stock has already faced multiple rejections from the descending resistance trendline, and sellers are now testing this critical support. A weekly close below ₹1,270–1,280 would strengthen the bearish case and could trigger a move towards ₹1,220–1,200. Key Levels Current Price: ₹1,280 Breakdown Zone: ₹1,270–1,280 Downside Targets: ₹1,220 → ₹1,200 Bullish Invalidation: Weekly close

03:09

by CandlesAndCashflows

Reliance Industries Ltd - Intraday Bearish View (15-M)As highlighted in the chart, price is approaching the upper resistance zone after consolidating in a range. A descending trendline is clearly visible, suggesting potential rejection and downward move. Key Levels: Resistance Levels: Immediate Resistance: ₹1,300 – ₹1,305 Major Resistance: ₹1,310 – ₹1,315 (Strong supply zone + upper green area) Support Levels: Immediate Support: ₹1,285 – ₹1,280 Lower Support: ₹1,270 – ₹1,265 Bearish Setup: Price is likely to touch the resistance zone (₹1,300–₹1,315

by Silent_Kitty

Reliance: Bears Still Have the Upper Hand I'm not interested in buying Reliance at current levels. If I had to take a trade today, I'd rather be on the short side. The stock continues to trade below its 20, 50, 100 and 200-day moving averages, which tells me the broader trend is still bearish. While Reliance is holding an upward trendline, every bounce is getting sold near the ₹1,300 zone. That's a sign of distribution, not accumulation. The derivatives market supports this view. Heavy Call open interest at ₹1,300, ₹1,310 and ₹1,350 s

by CandlesAndCashflows

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 exte

by LiveTradingBox

Reliance is currently witnessing a technical pullback Reliance is currently witnessing a technical pullback after failing to sustain higher levels near the resistance cluster. The recent bounce appears more like short-covering and profit booking exhaustion rather than a confirmed trend reversal. The broader structure still suggests caution. Technical Overview • CMP: ₹1359.70 • Structure: Retracement inside broader corrective trend • Immediate Resistance Zone: ₹1365–1410 • Major Support Zone: ₹1328–1312 Price action indicates: • Weak follow-thro

by CandlesAndCashflows

Reliance:10jun2026 bearish mode, Reversal only possible above 1320 close. Currently at support, If current support is broken, further downside towards 1200-1100 can be seen. Ril is highly volatile and dependent on crude prices. Disclaimer: only for educational purpose, not a buy or sell recommendation.

by manideepcs024

Reliance Industries Ltd.: Witnessing a Head-and-Shoulder (H&S)There are very few investors who are not directly or indirectly invested in Reliance Industries Ltd. It contributes about 8.27% of the Nifty 50 Index. Additionally, traders always keep an eye on the movement of Reliance Industries. In short, the company is in itself an index and is considered a parameter that drives broader indices. However, the stock has not shown bullishness for the past few years. The price has been range-bound within a few levels - 1400, 1350, and 1300. It seems like Rel

by deep_bhattacharjee_db

Reliance: Price Breaks Support… But Demand Says Reversal?The current structure is extremely interesting from a pure demand and supply perspective. Price has reached a location where decisions matter — this is not a random pause, this is a zone where institutions previously showed strong intent. One crucial context that changes everything: • Price has arrived here after a breakdown of a traditional support level • This type of move often traps retail sellers and injects fresh liquidity into the market Now, price is entering a demand zone — creating

by AfnanTAjuddin

RELIANCE : Bearish Rectangle Alert A classic bearish rectangle continuation pattern.. This setup appears after a clear down-move, which is the textbook requirement for a bearish rectangle (it is a continuation pattern, not a reversal). When a rectangle forms after a downtrend, the odds strongly favor a downward breakout (continuation of the original bearish move). The market has already shown heavy selling pressure (the steep drop along the black trendline). The rectangle is simply a pause where sellers are resting and buyers ar

by Prashant_Roy_Nifty_Idea

Recessions and Recoveries in Trading Understanding Market Cycles, Strategies, and Opportunities 1. Introduction to Market Cycles Financial markets operate in repeating cycles of expansion and contraction. A recession is characterized by declining economic activity, reduced corporate earnings, rising unemployment, and falling consumer confidence. A recovery is the phase following a recession where economic activity rebounds, corporate profits improve, and market sentiment becomes positive. Understanding market cycles allows trad

by GlobalWolfStreet

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 repai

by CandlesAndCashflows

Reliance Industries Limited Daily Chart Current 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 upsid

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 cluste

by CandlesAndCashflows

Reliance Industries Reliance 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 arise

Reliance Industries – Demand Re-engaging at a High-Probability Reliance Industries – Demand Re-engaging at a High-Probability Zone • CMP: ₹1458.80 • Sharp selloff has retraced into a major demand pocket near ₹1440–1460 • Price reacting around the long-term moving average — historically a strong participation zone • Selling momentum is slowing; candle structure shows rejection from lower levels • This looks more like liquidation + absorption, not fresh distribution • Risk is now clearly defined below structural support 🎯 Trade Plan • Long Zone: ₹1460–1445

by CandlesAndCashflows

Bank of Maharashtra trade for 18-20% upside.**Bank of Maharashtra (Weekly Chart – NSE)** The stock has **completed its Wave-4 corrective phase** and subsequently formed a **clear Inverse Head & Shoulders (iH&S) pattern**, signalling the start of a **fresh impulsive move (Wave-5)**. **Technical Observations** * Wave-4 correction has ended near ₹45–46, respecting Elliott Wave rules * iH&S neckline breakout confirms trend reversal * Momentum indicators (RSI & MACD) support bullish continuation * Price is holding above the breakout zone wi

by tradetechnicalanalyst

Market View: Strong Uptrend Confirmation for Indian Market Market View: Strong Uptrend Confirmation for Indian Market Key Condition for a Sustainable Rally For a high-confidence and low-failure bullish phase in the Indian stock market, both of the following must hold: NIFTY 50 sustains above its All-Time High RELIANCE sustains above its All-Time High > These two act as the backbone of the Indian indices. When they move together, the probability of a broad-based rally increases significantly. Why NIFTY + RELIANCE Together Matter NIFTY repr

Reliance Ind (W): Strongly Bullish - Post-Breakout Consolidation Timeframe: Weekly | Scale: Logarithmic The stock has staged a "V-shaped" recovery from the April 2025 lows and has successfully reclaimed key resistance levels. It is currently consolidating above the breakout zone, which is a sign of strength (time correction instead of price correction). 📈 1. The Structural Context (Bonus Adjusted) > The Cycle: - ATH (July 2024): ₹1,608.80 (Adjusted for 1:1 Bonus). - The Trap (April 2025): The fall to ₹1,114 breached the long-term suppo

by Learn_with_Pth0mas

Bank Nifty – Head & Shoulders Breakdown Analysis Pattern: Head & Shoulders Status: Neckline breakdown confirmed Elliott Wave Position: End of Wave 5, beginning corrective wave. Indicators: Bearish RSI + MACD divergence Indicators Supporting the Breakdown 🟣 RSI Divergence Clear bearish divergence between price (higher highs) and RSI (lower highs). RSI now breaking mid-level (50), confirming shift from bullish → neutral → bearish momentum. 🔵 MACD Structure MACD shows multiple negative divergences during right shoulder formation. Beari

by tradetechnicalanalyst

Reliance: Channel Breakdown Below 1535 Details: 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

by CyborgTradingHub

Reliance Industries Ltd. - Stock Analysis Date : 30-Nov-2025 LTP : Rs. 1,567.50 Technical View: • NSE:RELIANCE is in primary uptrend since Apr 2025 and currently trading through it's secondary uptrend since 16-Oct-2025. • After touching the high of 1,551 on 9-Jul-2025, it has retraced 14% to 1,340.60 level. • NSE:RELIANCE has formed a Rounding Bottom Pattern and has breakout from it's neckline with higher than average volume on 26-Nov-2025. The Rounding Bottom Neckline is marked as 1st Resistance (R1) in chart and is placed at 1