Reliance Industries Share Price Prediction for Monday: Levels for Monday 24 August 2026
- August 21, 2026
- Posted by: Kunal Singla
- Category: Predictions
Reliance Industries at Rs 1,316.00 (+0.21%) on 21 Aug 2026. High: Rs 1,328.60. Low: Rs 1,311.20. Support: Rs 1,311-1,316. Resistance: Rs 1,329.
Quick Answer
The Reliance share price prediction for Monday is sideways to bullish. Reliance Industries closed at Rs 1,316.00 (+0.21%) on 21 August 2026. Ankit Jaiswal notes that Rs 1,311 is the critical support for the Reliance share price prediction for Monday, with resistance at Rs 1,329. Kunal Singla observes that Reliance Industries’s performance on 21 August positions it for a sideways to bullish session on 24 August.
The Reliance share price prediction for Monday follows the 21 August session where Reliance Industries settled at Rs 1,316.00 (+0.21%). The day’s range of Rs 1,311.20 to Rs 1,328.60 defines the immediate reference band for the Reliance share price prediction for Monday. Ankit Jaiswal, Research Analyst at Univest, notes that today’s session for Reliance Industries unfolded against a broader Nifty decline of +0.08%. Reliance Industries was one of the standout large-cap gainers on 21 August (+0.21%), significantly outperforming the broader Nifty 50’s +0.08% decline.
Kunal Singla, Research Analyst at Univest, observes that the Reliance share price prediction for Monday will take direction from overnight Gift Nifty futures and whether the broader market holds 24,100 to 24,150 support on 21 August 2026. Axis Bank’s +1.44% outperformance on a down day shows that quality large-caps can diverge from the index — a context relevant to the Reliance share price prediction for Monday. Jio’s ARPU growth, Reliance Retail expansion, and New Energy milestones are the primary fundamental drivers. Reliance’s positive close on a broadly negative day signals strong underlying institutional support for the Reliance share price prediction for Monday.
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Today’s Market Recap: Reliance Industries on 21 August 2026
- Reliance Industries: Closed at Rs 1,316.00 (+0.21%) on 21 August. Session range Rs 1,311.20 to Rs 1,328.60.
- Market Context: Nifty fell +0.08%, Sensex +0.00%. Axis Bank +1.44% was the standout large-cap performer.
- Institutional: FII net buyers Rs 508 Cr on 14 Aug. Today’s provisional 21 Aug data updates overnight.
Reliance Industries Share Price prediction for Monday: Technical Analysis
Ankit Jaiswal’s Reliance share price prediction for Monday identifies Rs 1,311-1,316 as the first critical support, near today’s intraday low of Rs 1,311.20. A hold above Rs 1,311 keeps the Reliance share price prediction for Monday sideways to bullish. A break below could extend the Reliance share price prediction for Monday decline toward Rs 1,292.
On the upside, Rs 1,329 is the first resistance in the Reliance share price prediction for Monday, near today’s session high. Kunal Singla notes that a close above Rs 1,329 would shift the Reliance share price prediction for Monday to sideways bullish, targeting Rs 1,350.
Trend for 24 August 2026 (Monday): Sideways to Bullish
Support: 1,311-1,316 | 1,292
Resistance: 1,329 | 1,350
Global Cues for Reliance Industries Share Price prediction for Monday
- US Markets (14 Aug close): Dow Jones at 53,732 (-0.20%), S&P 500 at 7,785 (-0.20%), Nasdaq at 26,729 (-0.30%). Weak retail sales data (-0.6% in July) and subdued University of Michigan consumer sentiment (51, below forecast 55) signal caution.
- Asian Markets: Japan’s Nikkei 225 gained 2.1% to 66,970 on Monday, providing a partially positive cue for Asian risk assets.
- Institutional Flows (14 Aug): FII were net buyers of Rs 508 Cr and DII were net buyers of Rs 356 Cr in the cash segment, reflecting continued institutional support for Indian equities.
Key Events for 24 August 2026 (Monday)
- Indian markets closed Sat-Sun; Monday 24 Aug opening shaped by US Friday session and Asian Monday opens
- Gift Nifty futures Monday morning sets the opening gap for all individual stock predictions for Monday
- FII Friday provisional data (released Monday) reveals institutional net position heading into the new week
- MCX commodity rally (Gold +1.24%, all 6 commodities positive) provides positive backdrop for commodity-linked equities on Monday
Peer Stocks to Watch Tomorrow
| Name | CMP (Rs) | Day Change | Key Level for Monday |
|---|---|---|---|
| ONGC | 238.49 | +0.88% | Support: 235 | Resistance: 242 |
| BPCL | 311 | +0.50% | Support: 306 | Resistance: 319 |
| IOC | 156 | +0.30% | Support: 153 | Resistance: 160 |
| LT | 4,093.00 | +0.29% | Support: 4,048 | Resistance: 4,085 |
Analyse Reliance Industries and Peers on Univest Screener
Trading Strategy for Reliance Industries on 21 August 2026
- For the Reliance share price prediction for Monday, buy on dips toward Rs 1,311-1,316 with stop below Rs 1,292
- A break above Rs 1,329 in the Reliance share price prediction for Monday targets Rs 1,350; trail stop at Rs 1,311
- Watch sector peers for confirming signals before acting on the Reliance share price prediction for Monday
- Monitor VIX and FII flows: both support the Reliance share price prediction for Monday thesis if they stay constructive
What Does Sentiment Indicate for Reliance Industries Share Price prediction for Monday?
Sentiment for the Reliance share price prediction for Monday is sideways to bullish based on 21 August’s session. Ankit Jaiswal notes VIX at 11.20 (+4.09%) signals low volatility, supporting stable price action. The Reliance share price prediction for Monday is underpinned by Reliance Industries’s strong business fundamentals and institutional investor interest.
Kunal Singla observes that Axis Bank’s +1.44% outperformance and Reliance’s +0.40% close show large-caps can diverge positively from the broader market. This is a constructive signal for the Reliance share price prediction for Monday heading into 24 August 2026. FII buying on 14 Aug and stable VIX both support the Reliance share price prediction for Monday narrative.
Risks to Reliance Industries Share Price prediction for Monday
- A Nifty break below 24,100 would likely drag Reliance Industries below Reliance share price prediction for Monday support
- Sector-specific news could trigger sharp moves beyond the Reliance share price prediction for Monday technical levels
- Overnight Nasdaq weakness adds headwinds to large-cap technology and banking stocks in the Reliance share price prediction for Monday context
- VIX rising above 12 would require wider stop-losses in the Reliance share price prediction for Monday
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Conclusion
The Reliance share price prediction for Monday is sideways to bullish. Reliance Industries closed at Rs 1,316.00 (+0.21%) on 21 August. Ankit Jaiswal’s Reliance share price prediction for Monday places support at Rs 1,311-1,316 and resistance at Rs 1,329. Kunal Singla notes a move above Rs 1,329 confirms the Reliance share price’s 21 August outlook as bullish.
Use defined levels in the Monday’s Reliance share price target with stop-losses. Download the Univest app for live Reliance Industries price tracking and expert Reliance share price’s share price outlook for 24 August research.
Disclaimer: Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. Univest Research Analyst Registration No. INH000013776.
Frequently Asked Questions
What is the stock’s 21 August forecast?
Ans. the share price prediction for 24 August is sideways to bullish. Reliance Industries closed at Rs 1,316.00 (+0.21%) on 21 August 2026. Support at Rs 1,311-1,316, resistance at Rs 1,329. Ankit Jaiswal notes the Reliance share price’s Wednesday forecast stays sideways to bullish above Rs 1,311.
What are Reliance Industries support levels for Monday 24 August 2026?
Ans. The Reliance share price’s 21 August outlook places immediate support at Rs 1,311-1,316 and strong support at Rs 1,292. Resistance is at Rs 1,329 and Rs 1,350.
Which peer stocks confirm the Monday’s Reliance share price target?
Ans. Sector peers in the table below and Nifty 50’s 24,100 to 24,150 support are the primary confirming signals for the Reliance share price’s share price outlook for 24 August on 24 August.
How do global cues affect the stock’s 21 August forecast?
Ans. Nifty fell +0.08% on 21 Aug. FII buying of Rs 508 Cr on 14 Aug supports the share price prediction for 24 August. Overnight Gift Nifty futures are the most immediate global cue for the Reliance share price’s Wednesday forecast.
What is the trading strategy for the Reliance share price’s 21 August outlook?
Ans. For the Monday’s Reliance share price target, Ankit Jaiswal recommends buying at Rs 1,311-1,316 with stop below Rs 1,292. Kunal Singla advises chasing a break above Rs 1,329 targeting Rs 1,350.
