Refineries

RELIANCE

Reliance Industries Ltd.

Caution — weak structure

Late Stage
VCP active

Setup readiness

Late Stage

Pivot Levels
₹1366.4-1480.8
Support Level
₹1427.1
Resistance
₹1768.1
Risk Distance
3.6% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
38.0
ADX
16.0
Vol
22.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Weak structure

Stage 4 trend context — relative strength and breakout quality remain primary constraints.

Relative strength Weak
Breakout readiness Low

Bullish factors

  • Price remains very close to the 52-week low — recovery risk is elevated.
  • Price remains below intermediate trend support (50DMA).
  • Reasonable 52w-high proximity (-18% below).
  • Relative strength remains below leadership thresholds.
  • Trend stage reads as Stage 4 — not in a classic Stage 2 advance.
  • 1 prior pivot rejection in last 60d (-8 pts).
  • 5 closes within 1.3% — tight band forming.
  • BB squeeze — energy building.
  • RSI 49 — ideal setup zone.
  • VCP-style base with 1 contraction(s) — supply appears to be fading.

Risk factors

  • 4 distribution days recently — institutional selling
  • Heavy overhead supply (87%) — trapped sellers above
  • Not in a Stage 2 uptrend (Stage 4)

Overall view

Overall setup quality remains limited despite any localized compression or accumulation cues.

Size this trade

Setup research

RELIANCE — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

Positives

Building toward the pivot (11% below)

Flagged today

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 4 — caution
  • Sector RS Lagging group
  • Relative strength Lagging (RS 38)
  • Trend strength Weak (ADX 16)

Negatives

This idea is wrong below ₹1427.1 (-8.3% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹1427.1
  • Pivot — failure re-entry below₹1473.4

Risk distance

3.6% to stop
1.8× ATR
5.4× R:R
19.4% reward

Risk ≈ ₹53.71/share from entry ₹1480.8.

Reasons to skip 3

Disqualifiers that apply even if the score looks good.

  • 4 distribution days recently — institutional selling
  • Heavy overhead supply (87%) — trapped sellers above
  • Not in a Stage 2 uptrend (Stage 4)
Setup metrics Latest scan

RELIANCE Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Volume Profile bullish
POC₹1333.27
VAH₹1373.31
VAL₹1297.68
Vol above POC60.5%
Institutional Activity — Distribution
Avg cost basis₹1373.86
Acc zone₹1257.5–1437.0
Accumulation Sessions6
CMF-0.25

Structure

Trend / stage
Stage 4
Base
Weekly trend
Below 30-wk MA
Below 30W
RS rank
38.0
Weak
ADX
16.0
Weak

Momentum

RSI
49.0
Neutral
Recent move (10d / 20d)
+4.4% / -2.4%
Neutral
Volume quality
22.0
Thin
Relative strength
Lagging
Neutral

Risk

Failure risk
52.0
Moderate
ATR % / day
2.0%
Moderate
Distribution
4 day(s)
Distribution
Volatility
1 VCP
High risk
More scanner fields
Sector RS 0.0%
Base 16w · 14.9%
VCP waves 1x
Vol dry-up No
Avg value ₹2414.3 Cr
Failure flags Distribution cluster, Overhead supply, RS laggard

RELIANCE Support & Resistance Levels

AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Pattern context 52w · setup · flow

52-week range

Stage-2 ideal band  ·  Early recovery

Pattern highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Peer comparison Sector peers

Sector Peer Comparison

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RELIANCE FAQ Common swing-trading questions

Frequently asked questions about RELIANCE

What are the screener observations for RELIANCE?

On Swing Edge's swing-setup framework, Reliance Industries Ltd. (RELIANCE) currently grades D — low-quality — likely skip. Building toward the pivot (11% below). Flagged today. This is educational research, not investment advice.

What are RELIANCE's support and resistance levels?

For RELIANCE, near-term support sits around ₹1,427.1 (the base/stop zone); overhead resistance is around ₹1,473.4 (the breakout pivot); the next resistance above is ₹1,768.1. This is educational research, not investment advice.

What is the breakout / pivot level for RELIANCE?

The breakout pivot for RELIANCE is around ₹1,473.4. Price is about 10.5% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is RELIANCE above its 50-day and 200-day moving averages?

RELIANCE is currently in Stage 4, not a confirmed Stage 2 uptrend, so trend support from the key moving averages is weaker than ideal for a swing entry. This is educational research, not investment advice.

How strong is RELIANCE versus the market (RS rank)?

RELIANCE has a relative strength (RS) rank of 38 out of 100 versus the NSE universe, making it lagging the broader market on relative strength. Trend strength (ADX) reads 16, indicating a weak/choppy trend. This is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-25 — not live intraday NSE quotes.