RELIANCE Outlook for the Week (November 18, 2024 – November 22, 2024)
Reliance Industries closed the previous week on a negative note losing -0.89%.
Technically, Reliance Industries share price will see immediate support at 1,248.30 and immediate resistance would be seen at 1,288.10.
If Reliance Industries share price closes below immediate support of 1,248.30, then sharp breakdown can be seen. Reliance Industries share price will see major support at 1,229.00 for the week.
On the positive side, immediate resistance will be seen at 1,288.10. Closing above 1,288.10, Reliance Industries share price will see a sharp breakout. Major resistance for Reliance Industries share price will be seen at 1,308.60 for the week.
Trading range for Reliance Industries share price for this week should be between 1,208.50 on down side and 1,327.90 on up side.
Reliance Industries Previous Week Open: 1278.95
Reliance Industries Previous Week High: 1289.3
Reliance Industries Previous Week Low: 1249.5
Reliance Industries Previous Week Close: 1267.6
Reliance Industries Previous Week Range: 39.8 Points
Reliance Industries share price support and resistance for the week (November 18, 2024 - November 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,327.90 |
| Resistance 2 | 1,308.60 |
| Resistance 1 | 1,288.10 |
| Support 1 | 1,248.30 |
| Support 2 | 1,229.00 |
| Support 3 | 1,208.50 |
