RELIANCE NEWS why is Reliance Industries Limited price falling or rising

RELIANCE NEWS reasons for why stock price of Reliance Industries Limited is falling or rising

RELIANCE Reliance Industries is falling or rising technical reasons

Technical analysis forecast for Reliance Industries Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Reliance Industries RELIANCE at this time. Stock is falling and might fall more.

It appears as if Reliance Industries RELIANCE gave a large move recently.

Stock of Reliance Industries (RELIANCE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Reliance Industries is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1156.3 as stoploss in an intra day buy trade for a target of 1846.67. However, stock will show a bearish move below 1156.3.

RELIANCE Reliance Industries is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-11-08

Ambani's Reliance lobbies for India satellite spectrum auction in new clash with Musk's Starlink Reliance urged India's telecom regulator to reconsider its decision to administratively allocate satellite spectrum to Bharti, advocating for an auction-based approach instead. Reliance executive Ravi Gandhi criticized the current method as unfair and bia - NEWS as on 2024-11-08 indiatimes.com

Reliance Power, arms barred from renewable energy tenders for 3 years SECI banned Reliance Power and subsidiaries from its renewable energy tenders. SECI found a Reliance subsidiary submitted a fake bank guarantee. Reliance Power denied wrongdoing and claimed to be a victim of fraud. The company will challenge SECI's decisi - NEWS as on 2024-11-07 indiatimes.com

Reliance Power arm Rosa Power prepays Rs 485 cr debt, becomes zero-debt firm Reliance Power's subsidiary, Rosa Power Supply Company, has cleared its debt by prepaying Rs 485 crore to Varde Partners. This follows a previous prepayment of Rs 833 crore, making Rosa Power debt-free. This move, along with a recent equity infusion, stren - NEWS as on 2024-11-06 indiatimes.com

Reliance Power arm Rosa prepays ₹485 crore to Varde Partners, turns 'zero debt firm' Reliance Power's subsidiary, Rosa Power Supply Company, has achieved zero-debt status by prepaying a ₹485-crore loan to Varde Partners. This follows an earlier prepayment of ₹833 crore, totaling ₹1,318 crore paid ahead of schedule. The move strengthe - NEWS as on 2024-11-06 indiatimes.com

Sebi issues Rs 130 cr demand notices to 5 entities in Reliance Home Finance fund diversion case India's market regulator, Sebi, is pursuing Rs 130 crore from five entities, including Netizen Engineering and Citi Securities, for their alleged role in diverting funds from Reliance Home Finance. Sebi previously imposed a Rs 25 crore penalty on Anil Amb - NEWS as on 2024-11-04 indiatimes.com

Company Announcement Reliance Industries Limited has informed the Exchange about Credit Rating - NEWS as on 2024-10-31

Reliance Jio leads global mobile data traffic for third consecutive quarter, riding on 5G growth Reliance Jio maintains its lead as the top mobile data traffic carrier globally for the third consecutive quarter, surpassing global competitors with significant growth. The company credits its success to the rapid adoption of 5G services, with 148 million - NEWS as on 2024-10-30 indiatimes.com

Reliance New Energy acquires additional stake in sodium-ion battery major Faradion Reliance New Energy has completed the acquisition of the remaining stake in Faradion, a UK-based sodium-ion battery technology company. This move makes Faradion a wholly-owned subsidiary of Reliance Industries. The acquisition is part of Reliance's plan to - NEWS as on 2024-10-29 indiatimes.com

More announcements and NEWS

RELIANCE Reliance Industries Limited current price & indicator signals

Moving Averages for Reliance Industries Limited

  • 5Day Average: 1304.44
  • 12Day Average: 1545.54
  • 20Day Average: 2011.07
  • 50Day Average: 2557.21
  • 100Day Average: 2796.39
  • 150Day Average: 2830.62
  • 200Day Average: 2854.38

RELIANCE Indicators & signals

Indicator MACD (12,26,9)

1577.69, 1996.78, -359.19
Indicator MACD is in negative zone

Indicator ADX (14)

89.53, 3.9, 70.54
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 14
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of RELIANCE Reliance Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
08 Fri Nov 2024 1283.75 1275.00 to 1301.65 -1.68% 1.61 times
07 Thu Nov 2024 1305.65 1302.60 to 1324.00 -1.49% 0.78 times
06 Wed Nov 2024 1325.35 1300.20 to 1328.30 1.54% 1.76 times
05 Tue Nov 2024 1305.30 1286.15 to 1309.55 0.24% 1.32 times
04 Mon Nov 2024 1302.15 1285.10 to 1340.00 -2.73% 1.61 times
01 Fri Nov 2024 1338.65 1333.00 to 1341.95 0.5% 0.17 times
31 Thu Oct 2024 1332.05 1326.15 to 1343.00 -0.88% 0.76 times
30 Wed Oct 2024 1343.90 1325.35 to 1350.00 0.29% 0.98 times
29 Tue Oct 2024 1340.00 1320.30 to 1343.20 0.42% 0.98 times
28 Mon Oct 2024 1334.35 1322.10 to 1353.00 -49.76% 0.88 times
25 Fri Oct 2024 2655.70 2644.00 to 2688.70 -0.89% 0.76 times
24 Thu Oct 2024 2679.60 2646.25 to 2687.40 0.1% 0.9 times

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RELIANCE NEWS why is Reliance Industries Limited price falling or rising

 

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