RELIANCE support and resistance
As of December 29, 2024, Reliance Industries Limited (RELIANCE) closed at ₹1,221.05 on the National Stock Exchange (NSE), marking a 0.37% increase from the previous close.
Technical analysis indicates the following support and resistance levels:
Immediate Support: ₹1,219.03
Immediate Resistance: ₹1,229.93
Short-term Support: ₹1,217.59
Short-term Resistance: ₹1,265.37
Medium-term Support: ₹1,114
Medium-term Resistance: ₹1,390
These levels suggest that if the stock price declines, it may find support around ₹1,219, potentially preventing further decreases. Conversely, if the price rises, it may encounter resistance near ₹1,229, which could impede further gains.
Additionally, the Relative Strength Index (RSI) is at 42, indicating a neutral momentum.
Please note that stock prices are subject to market volatility. For the most current information, it's advisable to consult real-time data sources or financial advisors.
Technical analysis indicates the following support and resistance levels:
Immediate Support: ₹1,219.03
Immediate Resistance: ₹1,229.93
Short-term Support: ₹1,217.59
Short-term Resistance: ₹1,265.37
Medium-term Support: ₹1,114
Medium-term Resistance: ₹1,390
These levels suggest that if the stock price declines, it may find support around ₹1,219, potentially preventing further decreases. Conversely, if the price rises, it may encounter resistance near ₹1,229, which could impede further gains.
Additionally, the Relative Strength Index (RSI) is at 42, indicating a neutral momentum.
Please note that stock prices are subject to market volatility. For the most current information, it's advisable to consult real-time data sources or financial advisors.
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( Contact Number - +91 76782 40962 )
(Mail - Empirecrowntrade@gmail.com)
(Telegram - @Empirecrowntrade)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
hii
( Contact Number - +91 76782 40962 )
(Mail - Empirecrowntrade@gmail.com)
(Telegram - @Empirecrowntrade)
(whats app code - wa.link/tjaycw )
( Contact Number - +91 76782 40962 )
(Mail - Empirecrowntrade@gmail.com)
(Telegram - @Empirecrowntrade)
(whats app code - wa.link/tjaycw )
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.