Reliance Industries

342
Support Zones
S1: ₹1,295–1,300
S2: ₹1,270–1,280 (Major demand zone)
S3: ₹1,250–1,255 (Strong positional support)
Resistance Zones
R1: ₹1,330–1,340
R2: ₹1,365–1,380
R3: ₹1,430–1,475 (Major breakout target)
Trading View

Bullish Scenario

Buy only above ₹1,335 with strong volume.
Targets:
🎯 ₹1,365
🎯 ₹1,400
🎯 ₹1,470
Stop Loss: ₹1,295

Bearish Scenario

If the stock closes below ₹1,270, weakness may extend towards:
🎯 ₹1,250
🎯 ₹1,220
Technical Outlook
Trend: Neutral to Bullish
Momentum is improving after bouncing from the ₹1,250–1,270 demand zone.
Sustaining above ₹1,335–1,340 would confirm a stronger bullish reversal.
Key Levels Summary
Level Price
Immediate Resistance ₹1,330–1,340
Major Resistance ₹1,365–1,380
Breakout Target ₹1,430–1,475
Immediate Support ₹1,295–1,300
Major Support ₹1,270–1,280
Strong Positional Support ₹1,250–1,255

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