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RELIANCE · Energy · 2026-08-21

Reliance Industries Ltd

Stage 4 · wk 23In scan: Breakout WatchMARKET: BULL RISING · 2026-08-21
₹1,316
+0.21% today
₹17,80,873 Cr · Large cap
About this companyEnergy· Oil & Gas - Refining & Marketing
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Reliance Industries Limited engages in the hydrocarbon exploration and production, oil and chemicals, retail, and digital service businesses worldwide. It operates through Oil to Chemicals, Oil and Gas, Retail, Digital Services, and Others segments. The company offers refining and marketing products, including liquefied petroleum gas, propylene, naphtha, gasoline, jet/aviation turbine fuel, kerosine oil, diesel, sulphur, and petroleum coke. It also provides polymers, including high-density and low-density polyethylene (PE), linear low-density PE, homopolymer, random and impact copolymer, and polyvinyl chloride; fibre intermediates, such as purified terephthalic acid, and ethylene glycols and oxide; aromatics, such as paraxylene, ortho xylene, benzene, and linear alkyl benzene and paraffin; and textiles comprising fabrics, apparel, and auto furnishings. In addition, the company offers elastomers, such as polybutadiene rubber, styrene butadiene rubber, and butyl rubber; fibre and yarn polyesters; and bioenergy solutions, consisting of compressed biogas, and pellets and briquettes. Further, it engages in oil and gas exploration and production activities; and operates various stores comprising supermarket, hypermarket, wholesale cash and carry, specialty, and online stores, as well as stores that offer apparel, beauty and cosmetics, accessories, footwear, consumer electronics, and others. Additionally, the company operates media and entertainment platforms, and Network18 and television channels; publishes magazines; and offers highway hospitality and fleet management services. It also provides digital services, including connectivity, fibre, mobile devices, apps, business, and other digital solutions. The company was founded in 1957 and is based in Mumbai, India.

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P/E (TTM)
22.6
Forward 18.8
Earnings Growth (YoY)
-12.6%
Revenue +12.5%
ROE
+9.1%
Profit margin +7.6%
Dividend Yield
0.41%
P/B 2.0
vs 52W High
-17.4%
₹1,258.8 lo₹1,592.3 hi
17.4% below 52W high — ongoing decline
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 23
1w13w26w
Week 23 — extended decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-6.1%
200 DMA: ₹1,401.2 · sloping down
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
0.44x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
MA20 gently rising · +0.8% vs MA50 -0.4%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
Sector
Energy
↑ Building
Stage 2%
35.7%
20d Δ
+7.1pp
1M return
+1.6%
3M return
-1.3%
Sector Stage-2 % · last 20 days
Sector has 9 Stage 2 leaders. See Energy Stage 2 →
Industry
Oil & Gas - Refining & Marketing
→ Flat
Stage 2%
25.0%
20d Δ
+0.0pp
1M return
+2.4%
3M return
-1.8%
Industry Stage-2 % · last 20 days
Industry has 2 Stage 2 leaders. See Oil & Gas - Refining & Marketing Stage 2 →
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-29 → 2026-08-21
S2 22w
S4 27w
S4 24w
2023-05-292026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 4w → S2 13w → S3 11w → S2 22w → S3 7w → S2 11w → S3 5w → S4 27w → S1 4w → S2 11w → S3 11w → S2 13w → S3 5w → S4 24w current
Total tracked: 168 weeks across 14 stage runs.
1M
+3.4%
3M
-2.8%
6M
-8.4%
YTD
-14.9%
1Y
-4.4%
Scan Membership
Breakout Watch
Latest: 2025-10-30
3 appearances in last 60 days. First seen: 2024-07-03.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-08-21S4
Wk 23 · Vol x
2026-08-20S4
Wk 23 · Vol x
2026-08-19S4
Wk 23 · Vol x
2026-08-18S4
Wk 23 · Vol x
2026-08-17S4
Wk 23 · Vol x
2026-08-14S4
Wk 22 · Vol x
2026-08-13S4
Wk 22 · Vol x
2026-08-12S4
Wk 22 · Vol x
2026-08-11S4
Wk 22 · Vol x
2026-08-10S4
Wk 22 · Vol x
2026-08-07S4
Wk 21 · Vol x
2026-08-06S4
Wk 21 · Vol x
Sector Peers — Stage 2All →
ALPHAGEO
wk 1 · -5.9% from hi
8.8
DEEPINDS
wk 4 · -4.2% from hi
8.8
DOLPHIN
wk 1 · 0.0% from hi
8.7
ASIANENE
wk 11 · -3.0% from hi
8.5
CHENNPETRO
wk 23 · -3.2% from hi
7.4
Moving averages & range
50 DMA
₹1,306.1
200 DMA
₹1,401.2
52W High
₹1,592.3
52W Low
₹1,258.8
5D Low
₹1,311
Resistance levels (recent highs)
20d High
₹1,334.8
60d High
₹1,334.8
120d High
₹1,463.6
250d High
₹1,592.3
Next resistance
+1.4%
to 20d High

All analytics based on EOD data. Data as of 2026-08-21. Past data patterns are not indicative of future results. This page is a data analytics tool only.