Reliance industries ltd. Deep AnalysisSharing my Analysis on Reliance (RIL). (Only for Education Purpose)
This analysis is based on Higher Time Frame (Daily)
Past Move scenario ----
1. If we see on chart, after 3rd oct. 2024, Price has completed major liquidity sweep below internal lows followed by Market Structure Shift (Marked as MSS) and for that it took 6 months.
2. After that External liquidity sweep been performed near to 1100 levels which is also marked as Extreme POI which triggered an impulse move of 350 points with funds inflow which pushed price to 1451 levels. (Here it just took 1 months only)
Current Move Scenario ----
===upside there we saw volume imbalance + Breaker block where price is making resistance or rejecting upside move.
(Potential Short Term Supply Zone 1450-1488 levels)
Expected Short Term Bias ---
Downside levels --- 1335 (Breaker Block + Discount Zone)
Upside Resistance ---- Cross of Order block range 1496
Expected Long Term Bullish Bias -- Likely after Retracement to downside Vo. Imbalance and + Breaker block
Re-Entry Long Zone - 1335-1350
Upmove expected to 1500 Imbalance levels
above that Final External Liquidity zone to 1560
Steps --- Accumulation ---Expansion ---Re accumulation, targeting External Liquidity.
Everything mentioned on chart itself.
{Above Views are only for Education purpose and do not consider it as any Advisory. Consult your Financial Advisor before investments in any securities.}
YOur Views or Comments are Welcomed.
RLI trade ideas
Reliance levels for swing tradingAccording to a recent analysis, the important levels are:
Current Price & Context
-- CMP: ₹1,449.4 (up ~0.4%)
-- Technical outlook: Rated a Strong Buy with RSI ≈ 63 and positive MACD signals
Pivot & CPR Levels
Daily (Classic) Pivot Points
Pivot (P): ₹1,444.00
Support: S1 = 1,436.50; S2 = 1,429.50; S3 = 1,422.00
Resistance: R1 = 1,451.00; R2 = 1,458.50; R3 = 1,465.50
Daily CPR:
Bottom Central (BC) = 1,444.25
Central = 1,444.00
Top Central (TC) = 1,443.75
Weekly Pivot Points
Pivot: ₹1,431.27
Support: S1 = 1,407.83; S2 = 1,372.17
Resistance: R1 = 1,466.93; R2 = 1,490.37
RELIANCE | Symmetrical Triangle | Breakout | Daily Here’s a detailed technical analysis of **Reliance Industries Ltd (RELIANCE)** based on the images you provided:
---
### 📊 **1️⃣ Pattern Overview:**
* **Falling Wedge Pattern:**
* A large falling wedge spanning several months from 2024 to early 2025, clearly visible in the first set of images.
* The stock broke out of the wedge in April-May 2025, leading to a significant up-move.
* **Continuation Triangle Pattern:**
* Post breakout, the stock formed a symmetrical triangle (or continuation pennant) in late May to early June 2025.
* The stock has just broken out of this consolidation, suggesting a continuation of the uptrend.
---
### 📈 **2️⃣ Key Levels:**
* **Breakout Levels:**
* Falling Wedge breakout: Around **1,300**
* Continuation Triangle breakout: Around **1,443.50 - 1,461.40**
* **Current Price:** **1,443.50**
* **Measured Move Targets:**
* Wedge depth measured move: \~**150.50 points** (11.41%)
* Continuation triangle target: \~**81.55 points** (5.73%)
* **Price Targets:** **1,505.00** and possibly **1,531 - 1,540** based on the continuation move.
---
### 💡 **3️⃣ Indicators & Confirmation:**
* **Volume:**
* Noticeable volume spikes during breakouts, confirming strong buying interest.
* Post-breakout consolidation volumes have been healthy (lower, indicating accumulation).
* **RSI:**
* Divergence in RSI before the wedge breakout (lower lows in price, but not in RSI – bullish divergence).
* Currently, RSI is bouncing back from around 60, supporting continued bullish momentum.
* **EMA Analysis:**
* EMA-8, EMA-21, EMA-55, EMA-144 all sloping up, indicating strong trend alignment.
* EMA-8 and EMA-21 holding as dynamic support, especially on the 1,443 breakout.
---
### ⚙️ **4️⃣ Key Support and Resistance:**
* **Supports:**
* 1,443-1,461 zone: Breakout levels and EMA cluster support.
* 1,300 zone: Former wedge breakout level and major pivot support.
* **Immediate Resistance:**
* 1,505.00 (immediate price target)
* Followed by 1,531-1,540 zone.
---
### 🚦 **5️⃣ Risk Management / Trade Strategy:**
* **Stops:**
* Conservative stop-loss: Below 1,443 (immediate breakout zone).
* Wider stop-loss: Below 1,400 (where EMA-21 is likely to support).
* **Entry:**
* Re-entry on pullbacks to breakout levels (1,443-1,461) with tight risk control.
* **Upside Potential:**
* Short-term: 1,505
* Medium-term: 1,540 zone
---
### 🔍 **Summary:**
✅ **Bullish Wedge breakout** has been confirmed and has driven the stock significantly higher.
✅ **Continuation triangle breakout** at 1,443-1,461 zone suggests further upside to 1,505 and 1,540.
✅ RSI, volume, and EMAs align with a continued bullish bias.
---
💬 **Would you like me to draft a YouTube video script, a trading plan document, or a social media post for this analysis? Let me know! 🚀**
Basic to Advance in Trading Understand market trends and patterns.
Use risk management strategies, like setting stop-loss orders.
Focus on liquid assets with high volume.
Keep emotions in check and stick to a trading plan.
Limit the number of trades to manage risk.
Constantly educate yourself on market dynamics and trading strategies.
RelianceIn lower time frame as well as higher time frame, price is at support. Range has formed in between 1440 - 1460.
Buy above 1440 with the stop loss of 1430 for the targets 1452, 1466, 1478 and 1492.
Price is bullish as long as it sustains above 1400.
If price breaks the support in lower time frame chart that is 1430 - 1440, then it will take support at 1400.
Always do your own analysis before taking any trade.
Management and Psychology Trading psychology is the emotional component of an investor's decision-making process, which may help explain why some decisions appear more rational than others. Trading psychology is characterized primarily by the influence of both greed and fear. Greed drives decisions that might be too risky.
Candlestick Pattern part 2Candlestick patterns are a visual representation of price movement in financial markets, used in technical analysis to identify potential trend reversals or continuations. These patterns are formed by the opening, closing, high, and low prices of a financial instrument over a specific period. They are like signals on a chart that can help traders make informed decisions about buying or selling.
Reliance Industries Limited (RIL)Overview of Reliance Industries Limited (RIL) :
Reliance Industries, led by Mukesh Ambani, is India’s largest company by market capitalization, operating in sectors like energy, petrochemicals, telecom (Reliance Jio), retail, and new energy. It’s headquartered in Mumbai and is a global leader, ranking 21st by net worth ($118 billion) as of April 2025.
Latest News and Updates (as of June 3, 2025) :
Market Performance and Valuation:
Reliance Industries remains India’s most valued company, though its valuation dropped by Rs 7,645.85 crore to Rs 19,22,693.71 crore recently, amid weak equity market trends.
Despite this, RIL’s stock shows a bullish outlook, supported by strong fundamentals. Analysts note a mildly bullish to bullish sentiment, with potential for recovery.
Over the past year, RIL’s stock declined by 1.62%, underperforming the Sensex’s 9.57% return. However, its year-to-date return of 16.62% outperformed the Sensex’s 4.47%.
In April 2025, RIL shares surged nearly 4% after reporting a 2.4% rise in Q4 FY25 net profit, reaching Rs 19,407 crore, driven by strong telecom and retail performance.
Financial Highlights (Q4 FY25, ending March 31, 2025):
Consolidated revenue reached Rs 1,071,174 crore ($125.3 billion), up 7.1% year-on-year, fueled by consumer businesses (Jio and retail) and oil-to-chemicals (O2C).
Net profit rose 2% to Rs 19,407 crore, with annual net profit at Rs 81,309 crore. RIL became the first Indian company to cross Rs 10 lakh crore in total equity.
The company announced a Rs 5.50 dividend per share.
Brokerages like Nomura, Jefferies, and Morgan Stanley raised price targets (up to Rs 1,710), citing growth in retail, telecom, and potential Jio IPO.
Business Developments:
New Energy Investments: RIL plans to invest Rs 75,000 crore ($9 billion) in new energy, focusing on solar module production. It commissioned a gigawatt-scale HJT solar module line with up to 720-watt-peak modules and aims for 10 GW capacity, potentially expanding to 20 GW.
Telecom (Reliance Jio): Jio added 21.74 lakh wireless subscribers in March 2025, reaching a total of 46.97 crore subscribers.
Petrochemical Expansion: RIL is investing Rs 75,000 crore in petrochemical projects to strengthen its core business.
Offshore Loan: RIL secured a $2.9 billion dual-currency offshore loan, the largest by an Indian firm in over a year, signaling strong global lender confidence.
Stake Sale in Asian Paints: RIL is reportedly planning to sell its 4.9% stake in Asian Paints, held for 17 years, amid rising competition in the paint industry.
Defence Partnership: Reliance Defence signed an MoU with Germany’s Rheinmetall for ammunition production, including a new manufacturing facility in Maharashtra.
Operation Sindoor Controversy: RIL withdrew its application to trademark “Operation Sindoor” for entertainment purposes after backlash, as it was linked to a military operation.
Strategic Moves:
Anant Ambani was appointed executive director of RIL for five years, signaling a generational shift.
RIL approved raising up to Rs 25,000 crore through bonds.
The company is scaling up its FMCG business, now India’s eighth largest, and expanding its shipping business with a 10% stake in Nauyaan Shipyard.
Analyst Outlook :
Citi, Nomura, and Jefferies highlight near-term triggers: Jio’s potential IPO, tariff hikes, new energy scale-up, and retail growth.
Despite challenges in the oil-to-chemicals sector due to low margins, RIL’s diversified portfolio and operational discipline drive optimism
PCR Trading Strategy The Put-Call Ratio (PCR) is a valuable tool for traders to gauge market sentiment and potentially identify opportunities. It's calculated by dividing the total open interest of put options by the total open interest of call options. A higher PCR (above 1) suggests bearish sentiment, while a lower PCR (below 1) indicates bullish sentiment.
Support and Resistance part 1In trading, support and resistance levels are significant price points where a price tends to stop and reverse direction. Support acts as a price floor, indicating strong buying interest that prevents further declines. Resistance, on the other hand, is a ceiling, where selling pressure halts upward movement.
RELIANCE INDUSTRIES LIMITEDReliance Industries Ltd view for Intraday 29th May #RELIANCE
Resistance 1430 Watching above 1432 for upside momentum.
Support area 1400 Below 1410 ignoring upside momentum for intraday
Watching below 1397 for downside movement...
Above 1410 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks....
Support and Resistance part 2ASupport is a price point below the current market price that indicate buying interest. Resistance is a price point above the current market price that indicate selling interest. S&R can be used to identify targets for the trade. For a long trade, look for the immediate resistance level as the target.
Reliance- A great company to add to portfolio
Hello,
Reliance Industries Ltd. engages in hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, and telecommunications. It operates through the following segments: Oil to Chemicals (O2C), Oil & Gas, Retail, Digital Services, Financial Services, and Others.
Quarterly Performance (3Q FY25 vs 3Q FY24)
Gross Revenue increased by 7.7% Y-o-Y to ₹ 267,186 crore ($ 31.2 billion)
JPL revenue increased by 19.2% Y-o-Y due to continuing flow through of tariff revisions for mobility services, and healthy growth in homes and digital services businesses.
RRVL revenue increased by 8.8% Y-o-Y with growth across consumption baskets driven by festive buying and wedding season.
Oil to Chemicals (O2C) revenue improved by 6% Y-o-Y with higher volumes and increased domestic product placement. Planned shutdown of major units during the same quarter last year impacted volumes.
Marginally lower KGD6 volumes and fall in price realisations for CBM and condensate led to 5.2% decline in Oil and Gas segment revenue.
EBITDA increased by 7.8% Y-o-Y to ₹ 48,003 crore ($ 5.6 billion)
JPL EBITDA increased by 18.8% Y-o-Y driven by higher subscriber base, improving ARPU
and favorable mix.
RRVL EBITDA increased by 9.5% with improved operational efficiencies and superior store operating metrics.
O2C EBITDA increased by 2.4% supported by higher volumes and operational flexibility.
Efficient feedstock sourcing, higher domestic product placement and improved polymer deltas offset weak fuel cracks.
Oil and Gas segment EBITDA decreased by 4.1% largely on account of decline in volumes and price realisations.
Depreciation increased by 2.2% Y-o-Y to ₹ 13,181 crore ($ 1.5 billion).
Finance Costs increased by 6.7% Y-o-Y to ₹ 6,179 crore ($ 722 million), primarily due to higher debt balance. However, net debt remained largely flat.
Tax Expenses increased by 7.8% Y-o-Y to ₹ 6,839 crore ($ 799 million).
Profit After Tax and Share of Profit/(Loss) of Associates & JVs increased by 11.7% Y-o-Y to ₹ 21,930 crore ($ 2.6 billion).
Capital Expenditure for the quarter ended December 31, 2024, was ₹ 32,259 crore ($ 3.8 billion).
Below are the opportunities for the business.
Reliance
Reliance Retail targets 20% annual growth, doubling the market’s 10% CAGR.
Reliance plans 20GW solar PV by 2026, battery production, and strategic investments in O2C and O&G.
Risks to consider before investing
High freight costs, limited market presence, and balancing sustainability with profitability amid global over-capacity.
Tight crude supply, regulatory impacts on fuel, and competition from Chinese exports and trade agreement imports.
Our view.
I see an opportunity to buy reliance from the current point both from a technical perspective as well as fundamental analysis. The company is well aligned to capitalise on future growth. Zero crossover on the MACD indicator will confirm the buy bias.
Good luck.
Divergence SecretsDivergence trading identifies potential trend reversals or continuations by comparing price action with a technical indicator. When a price makes a new high or low, but an indicator doesn't confirm it, a divergence emerges, suggesting a possible shift in momentum. Traders use this information to make more informed decisions about entering or exiting trades.
Management and PsychologyTrading psychology is the emotional component of an investor's decision-making process, which may help explain why some decisions appear more rational than others. Trading psychology is characterized primarily by the influence of both greed and fear. Greed drives decisions that might be too risky.
Reliance Nears Lifetime High After Rebounding Strongly from TechTopic Statement:
Reliance is in a strong bullish phase, continuing its recovery momentum after a solid technical reversal.
Key Points:
The stock reversed sharply from a double bottom pattern at the 38.2% Fibonacci retracement level, offering strong support.
It received an additional bullish push at the 23.6% level, reinforcing upward momentum.
The price is approaching its lifetime high of 1161, where a double top formation is likely and could act as a profit-booking zone due to expected resistance.
Now trading above the 180-day EMA, the stock is technically overbought, suggesting a potential pause or pullback near the peak.
RelianceDaily chart is showing price is at double bottom support. In lower time frame price is moving inside a descending channel.
Buy above 1411 with the stop loss of 1401 for the targets 1421, 1434, 1446 and 1458.
Sell below 1390 with the stop loss of 1401 for the targets 1380, 1366, 1354 and 1340.
Always do your own analysis before taking any trade.
PCR Trading Strategy part 2Typically, a put-call ratio is a derivative indicator. It is designed to enable traders to determine the sentiment of the options market effectively. This ratio is computed either by factoring in the open interest for a given period or based on the volume of options trading
PCR Trading Strategy part 1The Put-Call Ratio (PCR) is a technical indicator used by traders to gauge market sentiment and identify potential trend reversals. It's calculated by dividing the total open interest of put options by the total open interest of call options. A high PCR (above 1) suggests bearish sentiment, while a low PCR (below 1) indicates bullish sentiment. Traders often use PCR as a contrarian indicator, meaning they might look to buy when the PCR is high, anticipating a reversal, or sell when it's low, expecting a downturn.
Basic to Advance Trading The very best way to get into trading is to find a platform you trust, learn as much as you can about trading beforehand and then practise to get your skill, technique and strategies right. Thereafter, all that remains to be done is to create a trading plan and open a live account.