Is Reliance Industr technically bullish or bearish?

Jun 10 2025 08:14 AM IST
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As of June 9, 2025, Reliance Industries shows a bullish technical trend supported by weekly MACD and Bollinger Bands, despite some caution from the monthly indicators.
As of 9 June 2025, the technical trend for Reliance Industries has changed from mildly bullish to bullish. The weekly MACD is bullish, supporting the positive trend, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the bullish stance. Daily moving averages are also bullish, further confirming the upward momentum. The weekly KST is bullish, but the monthly KST is mildly bearish, suggesting mixed signals over longer periods. Overall, the current technical stance is bullish with moderate strength, driven primarily by the weekly MACD and Bollinger Bands.
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