RELIANCE INDS FUTURES forum
RELIANCE1! The current share price of Reliance Industries Ltd. is around ₹1,272 (as of December 15, 2024). Here is an overview of the support and resistance levels:
Support Levels:
Primary Support: ₹1,249
Secondary Support: ₹1,227
Tertiary Support: ₹1,214
Resistance Levels:
Primary Resistance: ₹1,285
Secondary Resistance: ₹1,298
Tertiary Resistance: ₹1,321
Key Highlights:
Reliance Industries operates across sectors including petrochemicals, refining, oil exploration, telecommunications (Jio), and retail.
In the retail segment, it commands approximately 23% of revenues, serving over 190 million customers across 15,200+ outlets.
RELIANCE1! Here are the levels for RELIANCE (Reliance Industries) for a 1-hour timeframe:
Support Levels
1,450
1,420
1,400
Resistance Levels
1,480
1,500
1,520
Key Levels
1,460 (50% Fibonacci level)
1,480 (61.8% Fibonacci level)
RELIANCE1! Support Levels:
2950 INR: This level has shown strong support in recent sessions.
2900 INR: Another significant support level, where buyers have previously stepped in.
Resistance Levels:
3050 INR: A key resistance level that has been tested multiple times.
3100 INR: Another resistance level to watch, as it has capped the price in the past.
RELIANCE1! Resistance Levels:
2,550: Recent high where the price has faced selling pressure.
2,600: Previous peak or a significant price level where selling has occurred.
Support Levels:
2,400: Recent low where the price has bounced back.
2,350: Previous low or consolidation zone where buying interest has been observed.
