Reliance Industries is facing technical pressure, currently trading near ₹1,375 after failing to hold above its key moving averages. The RSI is around 33, signaling oversold territory, but momentum remains weak as MACD is negative and moving averages are aligned for a strong sell. Immediate support is near ₹1,333 and resistance is at ₹1,400; further downside cannot be ruled out unless a bullish reversal emerges. Overall, the short-term trend is bearish, with cautious sentiment advised until signs of a sustained recovery appear.
BUY : RELIANCE28OCT251370CE( RELIANCE ) [115231]
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