Download Mobile APP

Popular Analysis

«
Reliance Industries – Technical Analysis

 

Reliance Industries – Technical Analysis

Updated on 11 December 2025 8.00 PM IST

(For 12 December 2025)

CMP: Rs. 1545 | 52W High: 1581.30 | Trend: Bullish across all timeframes

Reliance continues to trade firmly within a broad uptrend, supported by bullish short-, medium- and long-term trends. The stock remains just 2.3% below its 52-week high, indicating strong relative strength and persistent accumulation.

1) Price Trend & Moving Averages (Strong Bullish Bias)

All key SMAs and EMAs (20D/34D/50D/89D/200D) are stacked upward, a classic bullish structure.

  • CMP 1545 > 20D SMA 1541.46 > 34D SMA 1519.65 > 50D SMA 1479.43
    This confirms a steady up-move supported by rising averages.

  • Price is trading above EMA 20D (1532.97) → short-term momentum remains healthy.

  • The long-term 200D SMA at 1399 gives a wide cushion, meaning long-term investors are still sitting on strong gains.

Interpretation: Structural bull trend intact; dips are being absorbed.

2) Momentum Indicators (Mild Overbought, but Healthy Strength)

RSI: 59.13

Neutral-to-positive. No overbought signs; room for more upside.

Stochastics %K: 71.23

Shows momentum is positive but not overheated.

Stoch RSI %K: 87.62

Indicates short-term overbought. Temporary consolidation possible.

Momentum Indicator: 33.50

Shows improving strength over recent sessions.

3) MACD (Weakening Short-term Momentum)

  • MACD: 15.39 vs Signal: 20.83 → Histogram: -5.44
    MACD is below signal line, indicating momentum fatigue despite the broader uptrend.

Interpretation:
Short-term cooling-off likely; but no trend reversal signs.

4) Bollinger Bands (Near Upper Band)

  • Upper Band: 1573

  • Mid Band: 1541 (near CMP)

  • Lower Band: 1509

Price hugging upper-mid region → bullish continuation zone.

5) ADX & DMI (Bullish Trend Strengthening)

  • ADX 33.02 (anything above 25 = strong trend)

  • DMI+ (18.39) slightly < DMI- (19.00)

This shows trend strength is high, but bear pressure slightly increased today.

6) Parabolic SAR: 1568.75 (above CMP)

SAR above price gives a short-term caution, often preceding consolidation.

7) Key Support & Resistance Levels

Pivot Levels for Next Trading Day

  • R1: 1555

  • R2: 1566

  • R3: 1592

  • R5: 1644 (major hurdle)

  • S1: 1529

  • S2: 1514

  • S3: 1488 (strong support)

Fibonacci Confirmation

  • Key supports: 1529 / 1513 / 1506

  • Resistance cluster: 1555 – 1566 – 1581

Chanakya Trading View

Bias: Bullish with temporary consolidation

Reliance remains strong in the broader trend; however, indicators suggest a short-term cooling phase before the next breakout.

Upside Targets (if sustains above Rs. 1555)

  • Rs. 1566

  • Rs. 1592

  • Rs. 1618

  • Rs. 1644 (major breakout zone)

Downside Supports

  • Rs. 1529 (immediate)

  • Rs. 1513 (strong buy zone)

  • Rs. 1488 (trend reversal zone)

Strategy for Traders

  • Buy on dips near Rs. 1529–1513 with SL below 1488.

  • Momentum breakout traders may enter above 1566 for a move to 1592–1618.

Overall Verdict

Reliance remains one of the strongest large-caps with a sustained bullish structure. Short-term indicators show consolidation, but medium-term charts point toward a fresh attempt to retest and surpass the 52W high of 1581.

Consolidated Figures in Rs. Crores / View Standalone
                           

 

 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25
Sales + 218,855 229,409 216,737 212,834 207,559 231,886 225,086 236,533 231,784 231,535 239,986 261,388 243,632
Expenses + 181,157 198,438 181,728 174,478 169,466 190,918 184,430 194,017 193,019 192,477 196,197 217,556 200,727
Operating Profit 37,698 30,971 35,009 38,356 38,093 40,968 40,656 42,516 38,765 39,058 43,789 43,832 42,905
OPM % 17% 14% 16% 18% 18% 18% 18% 18% 17% 17% 18% 17% 18%
Other Income + 2,275 3,656 3,377 2,996 3,813 3,841 3,869 4,534 3,983 4,876 4,214 4,905 15,119
Interest 3,997 4,554 5,201 5,819 5,837 5,731 5,789 5,761 5,918 6,017 6,179 6,155 7,036
Depreciation 8,942 9,726 10,183 11,452 11,775 12,585 12,903 13,569 13,596 12,880 13,181 13,479 13,842
Profit before tax 27,034 20,347 23,002 24,081 24,294 26,493 25,833 27,720 23,234 25,037 28,643 29,103 37,146
Tax % 28% 24% 23% 11% 25% 25% 25% 24% 25% 24% 24% 23% 17%
Net Profit + 19,443 15,512 17,806 21,327 18,258 19,878 19,641 21,243 17,445 19,323 21,930 22,611 30,783
EPS in Rs 13.27 10.09 11.67 14.26 11.83 12.85 12.76 14.01 11.19 12.24 13.7 14.34 19.95

Share price of Reliance

Quicklinks

Q1. What is the current share price of Reliance Industries?

The share price of Reliance Industries changes throughout market hours. Investors can track live prices on NSE and BSE or refer to updated data on Chanakyanipothi.com.

Q2. What is the 52-week high and low of Reliance Industries?

Reliance shares generally trade within a wide range. The 52-week high and low levels provide insight into the stock’s volatility and long-term trend.

Q3. Is Reliance Industries a good stock for long-term investment?

Reliance is considered one of India’s strongest companies with presence in telecom, retail, energy, and green businesses. Many investors hold it for the long term, but one should always review valuations and financials before investing.

Q4. What factors influence the share price of Reliance Industries?

Reliance’s share price is affected by crude oil trends, telecom performance (Jio), retail growth, quarterly earnings, new project announcements, and overall market sentiment.

«
MENU