Reliance Industries (RIL) shows a weak longer-term trend, with every rise being sold into and the stock trading below its 200 DMA, alongside a bearish RSI crossover. Resistance is seen at ₹1,400, a level it needs to cross to change the trend.

Rupak De’s track record: 27 graded calls · 95% CI 34–69%

Reliance IndustriesBearishCalled 25 Apr 2026Graded 19 Jul 2026
Verdict:MISS

Reliance Industries price increased from ₹1365.80 to ₹1463.10 (+7.12%) over 7 days, contradicting the bearish claim.

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