{"id":324750,"date":"2026-10-22T17:03:36","date_gmt":"2026-10-22T11:33:36","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=324750"},"modified":"2026-10-22T17:03:36","modified_gmt":"2026-10-22T11:33:36","slug":"reliance-industries-share-price-monarch-sees-20-percent-upside-in-3-4-months-buy-range-targets","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/reliance-industries-share-price-monarch-sees-20-percent-upside-in-3-4-months-buy-range-targets\/","title":{"rendered":"Reliance Industries Share Price: Monarch Sees 20% Upside in 3-4 Months, Reveals Buy Range and Targets"},"content":{"rendered":"

Reliance Industries share price closed at Rs 1,184.50 on 22 Oct 2026, down 2.03% from Rs 1,209. Monarch Networth Capital names it the stock pick of the week, citing a possible triple-bottom near Rs 1,150-1,180. It suggests accumulating at Rs 1,180-1,220 for a target of Rs 1,350-1,450 in three to four months, with a closing stop loss below Rs 1,100.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Reliance Industries share price sits at the bottom of Monarch Networth Capital’s buy range of Rs 1,180-1,220 after a 2.03% fall on 22 Oct. Monarch sees a target of Rs 1,350-1,450 in three to four months, which is about 14% to 22% above Rs 1,184.50 by my calculation, with a stop loss below Rs 1,100 on a closing basis. The call rests on a possible triple-bottom near Rs 1,150-1,180, a pattern that is not confirmed until the price rises with strength. Another technical analyst says a full reversal needs a move above Rs 1,333, so the call carries real risk.<\/p>\n<\/p><\/div>\n

Reliance Industries share price has been weak for a year, down more than 18% over that period and about 26% below its January high, so a technical call that points to a bottom draws attention. The stock is also in the news because the Jio Platforms IPO, the largest in India, is open and closes on 23 Oct.<\/p>\n

This article on Reliance Industries share price lays out the Monarch call in full, how the triple-bottom works, what other analysts say, the risk and reward numbers, the valuation and what to watch. It is educational and not a recommendation to buy or sell.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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