Reliance Industries Ltd Sponsored GDR 144A
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RELIANCE Weekly Bullish Flag Breakout | Multiple Targets to 1758RELIANCE Weekly Bullish Flag Breakout | Multiple Targets to 1,758.40 | Weekly Analysis
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📊 TECHNICAL SETUP
Current Price: 1,586.70 (+0.70% | +11.00)
Timeframe: Weekly (1W)
Symbol: RELIANCE (Reliance Industries Limited)
Exchange: NSE
Category: Stock / Energy Sector
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🎯 PATTERN ANALYSIS
RELIANCE demonstrates a STRONG WEEKLY BULLISH FLAG BREAKOUT pattern:
✅ Flag Structure: Clear flagpole followed by tight consolidation
✅ Breakout Confirmation: Price decisively breaking above upper flag boundary on weekly close
✅ Support Levels: Multiple support zones identified with strong holding
✅ Volume Profile: Healthy accumulation visible in weekly volume patterns
✅ Momentum: Sustained bullish momentum with consistent weekly closures above key levels
The stock shows textbook uptrend characteristics with proper support/resistance relationships, confirming the bullish structural bias.
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📈 PRICE TARGETS (Progressive Levels)
1st Target: 1,609.80 (+1.5% from current)
2nd Target: 1,639.60 (+3.3% from current)
3rd Target: 1,669.40 (+5.2% from current)
4th Target: 1,699.20 (+7.1% from current)
5th Target: 1,729.00 (+9.0% from current)
6th Target: 1,758.40 (+10.8% from current)
These progressive targets represent key resistance zones and profit-taking levels along the uptrend path. Each level provides strategic exit points for partial position management.
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🛡️ RISK MANAGEMENT
Entry Zone: 1,580.00 (Breakout confirmation point - wait for weekly close above 1,585)
Stoploss: 1,520.00 (Weekly support - critical level)
Risk/Reward Ratio:
- Risk (1,580 to 1,520) = 60 points
- Reward (1,580 to 1,758) = 178 points
- R:R Ratio = 1:2.97 (Excellent)
Position Sizing: Risk only 1-2% of capital per trade
Stoploss is placed BELOW major weekly support level.
Consider scaling in on dips toward intermediate support.
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📍 KEY SUPPORT & RESISTANCE
Immediate Support: 1,580.00 (Recent breakout level)
Secondary Support: 1,520.00 (Stoploss / Major support)
Resistance 1: 1,609.80 (1st Target)
Resistance 2: 1,699.20 (Mid-term resistance)
Major Resistance: 1,758.40 (6th Target / Final Target)
Intermediate Levels: Multiple targets provide stepping stones for profit realization at each resistance zone.
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🔍 FUNDAMENTAL CATALYST
RELIANCE benefits from strong macro and sector tailwinds:
✅ Energy sector showing strength on geopolitical factors
✅ Oil price trajectory supporting energy stocks
✅ Refining margins remain healthy and supportive
✅ Strong cash flow generation and dividend support
✅ Large-cap stability with continued dividend yield support
This macro backdrop combined with strong technical structure reinforces bullish conviction for trend continuation.
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🎉 TECHNICAL OBSERVATIONS
• Weekly uptrend remains intact with clear higher highs and higher lows
• Flag breakout on volume confirms institutional participation
• Stock consolidating at higher levels - sign of strength
• Volume profile shows healthy accumulation pattern
• Multiple targets suggest strong resistance zones ahead
• Proper risk/reward of 1:2.97 offers excellent entry/exit structure
• Support at 1,520 provides good risk management anchor
• Stock positions itself well for continued upside exploration
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💡 TRADING STRATEGY NOTES
✓ Wait for weekly close above 1,585 before committing to positions
✓ Consider scaling entries - don't go all-in at once
✓ Trail stoploss after each target level is achieved
✓ Take partial profits at each resistance level
✓ Preserve capital: Use strict position sizing
✓ Monitor weekly closes carefully
✓ Watch for gaps and opening levels
✓ RELIANCE is a defensive large-cap with strong dividend yield
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⚠️ CRITICAL DISCLAIMER
🔴 THIS IS TECHNICAL ANALYSIS FOR EDUCATIONAL PURPOSES ONLY
🔴 THIS IS NOT FINANCIAL ADVICE OR AN INVESTMENT RECOMMENDATION
This analysis:
- Is based on historical price patterns and technical indicators
- Does NOT constitute investment advice or a buy/sell recommendation
- Is my personal observation and technical analysis
- Should NOT be the sole basis for any investment decision
- Stock performance depends on multiple macroeconomic factors
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⚠️ IMPORTANT RISKS TO UNDERSTAND
✓ Past performance does NOT guarantee future results
✓ Technical patterns can FAIL and trends can reverse
✓ Market conditions can change rapidly without warning
✓ This analysis is based on historical data only
✓ Stock investments carry significant risk of loss
✓ You may lose your ENTIRE investment amount
✓ This is a technical observation, NOT a guaranteed strategy
✓ Consult a qualified financial advisor before trading
✓ Do your own independent research (DYOR)
✓ Use strict position sizing and risk management
✓ Oil price volatility can significantly impact RELIANCE
✓ Geopolitical events affect energy sector performance
✓ Market liquidity and volatility can impact execution
✓ Economic indicators and earnings can invalidate patterns
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🔴 FINAL RISK ACKNOWLEDGMENT
TRADING AND INVESTING IN STOCKS INVOLVES SUBSTANTIAL RISK OF LOSS.
I am NOT a financial advisor, fund manager, or investment professional. This analysis is provided for educational purposes only.
BEFORE MAKING ANY INVESTMENT DECISION:
✓ Conduct your own thorough research
✓ Understand macroeconomic factors affecting energy sector
✓ Check oil price trends and geopolitical developments
✓ Verify your risk appetite and capital availability
✓ Consult with a qualified financial advisor
✓ Only invest capital you can afford to lose
✓ Never follow this as a guaranteed strategy
✓ Understand leverage implications if using derivatives
Your investment decisions are YOUR responsibility. Use proper risk management, stop losses, and position sizing.
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Trade responsibly. Risk management is paramount.
RELIANCE Unleashed | Bulls Roaring StrongThis is the daily timeframe chart of Reliance.
Reliance is moving in a strong momentum phase and is consistently respecting the Supertrend indicator.
Based on Supertrend, the key support level is at 1518.
Currently, the stock is trading above multi-timeframe pivot levels, indicating short-term momentum strength.
Buying opportunities may be considered near the 1530–1540 range.
The stock has a strong support zone around 1515–1520.
Potential upside target is near 1620.
If the support zone sustains, we may see higher prices in Reliance in the coming sessions.
Thank you.
Why We Should Plan Logical Stop-LossThis video explains why using a logical stop-loss is important in trading and how stop-loss placement should be based on market structure rather than emotions. The discussion focuses on understanding where price invalidates an idea, how illogical stop placement increases risk, and why logical stop-loss levels help
Reliance - One more leg down is due in shorter TFCMP: 1543
TF: 15 minutes
The fall from the recent swing high appears to be a 5 wave decline. the bounce from the lows at 1517.6 seem to be a 3 wave rise. And this rise should possibly break the high at 1551 and terminate between 1555-1560.
The price action at the range of 1550-1560 will give us an indication.
The next leg down (C leg) will be sharp and faster and I am expecting it to test 1480-1500 levels depends on where this B wave gets terminated at.
Don't be surprised if the B wave goes past 1580+ in an expanded flat correction
Finally, Reliance is in uptrend and hence, shorting isn't a good idea.
Wait for the correction to end and decide the next course based on the price action at 1500 odd levels.
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
Inverted Head and Shoulder neckline breakout candidate RELIANCE RELIANCE WEEKLY CHART
Inverse Head & Shoulders spotted — classic bullish reversal in play
🔹 After months of sideways drift, Reliance has carved out a clean inverse H&S pattern on the weekly timeframe. 🔹 The neckline sits around ₹1,553, and price is now testing this zone. 🔹 A breakout above this level could trigger a multi-week upside, with potential targets near ₹1,650–₹1,700.
Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 21,06,329.37 Crore) operating in Diversified sector.
Reliance Industries Ltd. key Products/Revenue Segments include Petrochemicals, Oil & Gas, Other Services, Others and Income from Retailing for the year ending 31-Mar-2025.
For the quarter ended 30-09-2025, the company has reported a Consolidated Total Income of Rs 259,105.00 Crore, up .14 % from last quarter Total Income of Rs 258,751.00 Crore and up 9.60 % from last year same quarter Total Income of Rs 236,411.00 Crore. Company has reported net profit after tax of Rs 22,146.00 Crore in latest quarter.
The company’s top management includes Mr.Mukesh D Ambani, Mr.Anant M Ambani, Mr.Hital R Meswani, Mr.Nikhil R Meswani, Mr.P M S Prasad, Mr.Akash M Ambani, Mrs.Arundhati Bhattacharya, Mr.Dinesh Kanabar, Mr.Haigreve Khaitan, Ms.Isha M Ambani, Mr.K V Chowdary, Mr.K V Kamath, Dr.Shumeet Banerji, Mr.Yasir Othman H Al Rumayyan, Mr.Srikanth Venkatachari, Ms.Savithri Parekh. Company has Chaturvedi & Shah LLP as its auditors. As on 30-09-2025, the company has a total of 1,353.25 Crore shares outstanding.
Reliance Industries Limited for 10th Dec #RELIANCE Reliance Industries Limited for 10th Dec #RELIANCE
Resistance 1540 Watching above 1543 for upside momentum.
Support area 1515-1520 Below 1520 gnoring upside momentum for intraday
Watching below 1513 for downside movement...
Above 1540 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Reliance - Resistance and Support - 30minsThe chart shows Reliance currently trading inside a clear descending channel, indicated by the two blue parallel trendlines. After forming a short-term swing high around the end of November, the stock has been making lower highs and lower lows, confirming a downward trend.
The upper blue trendline is acting as a dynamic resistance, rejecting price each time it attempts to move higher.
The lower blue trendline is acting as dynamic support, where buyers are stepping in temporarily before the price continues downward.
A key horizontal level is marked around ₹1549–1550 (green line). This level previously acted as support but has now turned into a major resistance zone. Reliance has repeatedly failed to sustain above this zone, showing weakness.
On the downside, the ₹1522–1524 support zone (red line) is an important level where price has bounced multiple times. A sustained break below this zone could open the way for deeper downside inside the channel.
Overall, the structure suggests the stock is still in a short-term downtrend unless it breaks out of the descending channel convincingly and reclaims the ₹1549 level.
RIL S/Rsanthosh
Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Reliance Industries – Key Weekly Chart Setup | Strong SupportReliance Industries – Key Weekly Chart Setup | Strong Support Zone & Rebound Potential 🚀
Ticker: RELIANCE (NSE)
Timeframe: Weekly
Current Price: ₹1,299.50
Technical Indicators: 200W MA, Fibonacci Retracement, MACD Divergence
🔍 Technical Analysis Insight:
Reliance Industries is currently hovering around its 200-week moving average (MA) (~₹1,220–₹1,225 zone), which has historically acted as a strong long-term support. This confluence with the 61.8% Fibonacci retracement from the previous rally (₹1,608.55 to ₹1,121.55) makes this zone crucial.
Support Zone: ₹1,220–₹1,225
Immediate Resistance: ₹1,362–₹1,380 (near 38.2% retracement & 50W MA)
MACD: Showing bullish crossover on the weekly, along with a positive divergence — signaling potential trend reversal.
📌 If broader markets continue in a rebound phase, Reliance could rally up to 20% in a relatively short span. Targets could be ₹1,460 (23.6% retracement) and ₹1,600 (previous swing high).
🛑 Risk Management Note:
Keep an eye on volume confirmation. A weekly close below ₹1,200 could invalidate the bullish setup and warrant re-evaluation.
Understanding Market Structure – The Foundation of Price Action📌 Description
Market Structure defines the direction and strength of price.
• Uptrend → Higher Highs & Higher Lows
• Downtrend → Lower Highs & Lower Lows
• Range → Balanced market between support & resistance
Key concepts:
• BOS (Break of Structure) → Trend continuation or reversal confirmation
• CHoCH (Change of Character) → Early warning of trend shift
✅ Mark structure first
✅ Align entries with volume & levels
✅ Trade with the trend, not predictions
Structure controls everything. Indicators only support it.
Disclaimer:
This content is for educational purposes only.
I am not a SEBI registered investment advisor or research analyst.
Views expressed are personal and based on technical analysis.
Trading involves risk. Please consult a SEBI registered advisor before trading.
I am not responsible for any financial losses.
Reliance Looking Good...Buy REL at current level and all dips
Target1 - 3000
Target2 - 3200
Target3 - 3627 (if close above 3210)
Disclaimer :-
I am not SEBI registered. The information provided here is for education purposes only.
I will not be responsible for any of your profit/loss with this channel suggestions.
Consult your financial advisor before taking any decisions
REL Inds : Major Red Band Resistance vanished. REL Inds : important milestone achieved.
Major stubborn Red Band Resistance vanished Momentum continues after a Buy Signal.
Next important level : 1600
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
RELIANCE | Buy if weekly Close above 1545RELIANCE | Buy if weekly Close above 1545 | SL below 1500 on closing basis | 1st Target 1880
Disclaimer (Please Read Carefully):
This is not investment advice. The stocks shared here are purely for educational and informational purposes. Please do your own research or consult with a financial advisor before making any investment decisions.
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Stock market में सिर्फ risk ही risk होता है। Market में survive करने का एक ही तरीका है, stop loss को पूरी discipline के साथ accept करना। अपनी capital को protect करने का इससे बेहतर कोई तरीका नहीं है।
मैं जो भी stock यहाँ शेयर करता हूँ, वो या तो मेरी existing holding में होता है, या फिर मैं उसी level पर fresh buying या add on करता हूँ जिसे मैं mention करता हूँ।
मैं हमेशा buy करते समय अपने system में stop loss ज़रूर लगा देता हूँ, और मेरे लिए stop loss, target से भी ज़्यादा important होता है।
Target achieve होने के बाद मैं पहले profit book करता हूँ और फिर retest या fresh breakout का इंतज़ार करता हूँ।
मैं सिर्फ breakouts पर buy करता हूँ, कभी भी support पर नहीं। और मैं resistance पर sell भी नहीं करता।
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The stock market involves risk, risk, and only risk. To survive in the market, accepting stop-loss with discipline and without hesitation. There is no other way to protect you capital.
Any stock I share is either already part of my existing holding or I take a fresh entry at the same level I mention. I always place the stop-loss in my system at the time of buying, and I give the highest importance to stop-loss more than the target. Once the target is achieved, I usually book profit once and then wait for either a retest or a fresh breakout.
I buy only on breakouts, never on supports. I also do not sell at resistance levels.
That is simply my trading style.
RIL: Navigating Key Supply & Demand Zones for Future MovementIntroduction:
This analysis focuses on the daily chart of Reliance Industries (RIL), highlighting critical supply and demand zones that are likely to dictate its price action in the coming weeks and months. We observe a recent uptrend followed by a pullback, and the current price action is situated at crucial junctures.
Key Observations & Zones:
Daily Latest Supply Order Block (Resistance):
Zone: 1,507.50 - 1,524.70 (highlighted in red)
Significance: This is a formidable resistance area. A daily candle closing above 1,524.70 would signal a strong bullish breakout, potentially targeting higher price levels. Until then, this zone acts as a ceiling, where sellers have historically stepped in. We've seen a recent rejection from this area, confirming its strength.
1-Hour Latest Demand Order Block (Immediate Support):
Zone: 1,447.50 - 1,459.20 (highlighted in yellow)
Significance: This is the immediate support zone identified from a lower timeframe (1-hour chart). For bulls to maintain control in the short term, RIL needs to hold above 1,447.50. A breakdown below this level could trigger further downside pressure.
1-Hour Internal Extreme Demand Order Block (Strong Support):
Zone: 1,360.00 - 1,390.00 (highlighted in green)
Significance: This represents a much stronger demand zone, likely to attract significant buying interest if the price reaches it. This is a key area for potential reversals or strong bounces. A breakdown below 1,360.00 would be a significant bearish development, suggesting a deeper correction.
Daily Candle Extreme Demand Order Block (Long-Term Support):
Zone: 1,160.00 - 1,195.15 (highlighted in a broader green box)
Significance: This is a crucial long-term demand zone. If RIL experiences a substantial correction, this area is expected to provide very strong support. A daily candle close below 1,114.85 (the lowest yellow line beneath this zone) would invalidate this demand and indicate a major shift in the long-term trend.
Current Price Action & Outlook:
RIL is currently trading within the proximity of the 1-hour latest demand order block. The stock is attempting to find support here after being rejected from the daily supply zone.
Potential Scenarios:
Bullish Scenario: A strong bounce from the current levels or the 1-hour internal extreme demand order block (1,360-1,390), followed by a decisive daily close above 1,524.70, would confirm renewed bullish momentum.
Bearish Scenario: A daily close below 1,447.50 could lead to a test of the 1-hour internal extreme demand order block. A breakdown below 1,360.00 would open the doors for a deeper correction towards the long-term daily candle extreme demand order block.
Conclusion:
RIL is at a critical juncture. Traders should closely monitor how the price reacts to these identified supply and demand zones. The levels of 1,524.70 on the upside and 1,447.50 (short-term) / 1,360.00 (medium-term) on the downside will be pivotal in determining its near to medium-term trajectory.






















