Reliance Industries – Technical Analysis
Updated on 10 December 2025 8.00 PM IST
(For 11 December 2025)
Last Close: Rs. 1536.90
52W Range: 1114.85 – 1581.30
Trend: Bullish across short, medium & long-term
1) Price Trend & Chart Structure
Reliance maintains a strong bullish structure, with all trend horizons aligned upward. The stock is trading comfortably above all key moving averages, confirming dominant buy-on-dips sentiment.
The last close at Rs. 1536.90 places it just below the Bollinger mid-band and within a narrow band of consolidation.
Momentum is slightly slowing but positional trend remains intact.
2) Moving Averages – Strong Support Zone
All SMAs & EMAs (20D, 34D, 50D, 89D, 200D) are sloping upward, indicating sustained medium-term strength.
Key supports from averages:
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20 EMA: 1531.70
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50 EMA: 1493.29
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200 EMA: 1421.28
As long as Reliance trades above 1500, major weakness is unlikely.
3) MACD & Momentum Indicators
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MACD (16.16) < Signal (22.19) → Small negative crossover; mild short-term cooling.
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RSI at 56.32 → Neutral but leaning bullish; plenty of upside room.
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CCI at -57.68 → Indicates consolidation mode.
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Stochastic %K at 41.54 → No overbought risk; supportive for fresh bounce.
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StochRSI at 43.29 → Momentum neutral.
Interpretation:
Minor consolidation but no sign of trend reversal.
4) ADX & Trend Strength
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ADX at 35.43 signals a strong trend.
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+DMI > –DMI → bulls still dominant.
Trend strength remains meaningful despite sideways bias.
5) Bollinger Bands
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Upper Band: 1573.95
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Lower Band: 1505.57
Price is near the mid-band, indicating a potential move toward the upper band if momentum revives.
6) Parabolic SAR
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SAR at 1570.88, above CMP → short-term pressure but nearing reversal point.
A decisive move above Rs. 1571 may re-trigger long entries.
7) Pivot & Fib Levels (Trading Roadmap)
Key Levels
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Support: 1529 / 1522 / 1506
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Resistance: 1546 / 1555 / 1571 / 1587
Breakout watch:
⭐ Above 1555 → Targets 1571 → 1587
Breakdown watch:
⚠️ Below 1529 → 1522 → 1506
Chanakya Final View
Reliance Industries is in a strong uptrend, currently in a healthy consolidation. Indicators suggest cooling momentum but no trend damage. The stock remains a “buy on dips” candidate.
Break above Rs. 1555–1571 may open the path to retest the 52-week high of Rs. 1581.30.
Only below Rs. 1529, mild corrective pressure may emerge.
| Consolidated Figures in Rs. Crores / View Standalone | |||||||||||||
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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 |
Quicklinks
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.
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.
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.
Reliance’s share price is affected by crude oil trends, telecom performance (Jio), retail growth, quarterly earnings, new project announcements, and overall market sentiment.
