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RELIANCE Future Intraday Technical Analysis Date - 13-May-25 (Tuesday)

Day Range Trigger Point: 1443 | Expected Move: 41 pts

Buy Above: 1428

Average Buy Position: 1424

Target 1: 1468 |
Target 2: 1483

Stop-loss: 1415
Sell Below: 1419

Target 1: 1417 | Target 2: 1402

Stop-loss: 1432

Trading Strategy & Key Insights:
• Trade with structure confirmation and volume breakout strength. • Best Entry Timing:
✓ Before 10:30 AM or after 1:30 PM - Enter instantly on breakout.
✓ Between 10:30 AM to 1:30 PM - Prefer entries near SL zone.
? Respect stoploss & follow volume cues for validation.

Ashwani123

RELIANCE INDUSTRIES FUTURES

13 min left to edit idea

RELIANCE INDS FUTURES
1 minute ago
Reliance Industries Futures // 1 day Support and Resistance

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As of April 30, 2025, the Reliance Industries Futures (NSE: RELIANCE) closed at ₹1,235.80, up 0.16% from the previous close of ₹1,233.80. The futures market indicates a slight bullish sentiment, with open interest increasing by 4.82%, suggesting that traders are holding onto long positions.

📈 Daily Support and Resistance Levels
Based on recent analyses, here are the key support and resistance levels for Reliance Industries Futures on a daily timeframe:

Resistance Levels:
R1: ₹1,246.44
R2: ₹1,253.43
R3: ₹1,267.37

Support Levels:
S1: ₹1,191.37
S2: ₹1,177.43
S3: ₹1,153.37

These levels are derived from classic pivot point calculations and can act as potential entry, target, and stop-loss levels for intraday traders.

📊 Technical Indicators
Futures Price: ₹1,243.90

Pivot Point: ₹1,246.98

Support Levels:
S1: ₹1,233.12
S2: ₹1,222.33
S3: ₹1,208.47

Resistance Levels:
R1: ₹1,257.77
R2: ₹1,271.63
R3: ₹1,282.42

These levels are calculated based on the futures price and can provide insights into potential price movements.

🧭 Trading Strategy
Bullish Scenario: If Reliance Industries Futures breaks above ₹1,246.44, it could signal a continuation of the upward trend, with potential targets at ₹1,253.43 and ₹1,267.37.

Bearish Scenario: A decline below ₹1,191.37 may indicate a bearish trend, with support levels at ₹1,177.43 and ₹1,153.37.

Traders should monitor these levels closely and adjust their strategies accordingly.

Please note that these levels are subject to change based on market dynamics and should be used in conjunction with other technical analysis tools for informed decision-making.

EmpireCrown

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.

SkyTradingZone

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)

SkyTradingZone

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.

SkyTradingZone

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.

AmitJGJ

Nifty Future Target 17650