Is Reliance Industr technically bullish or bearish?

Aug 07 2025 08:10 AM IST
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As of August 6, 2025, Reliance Industries shows a neutral technical stance with mixed signals, indicating a shift from mildly bullish to sideways, as weekly indicators are mostly bearish while monthly indicators remain bullish.
As of 6 August 2025, the technical trend for Reliance Industries has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across different time frames. The weekly MACD is mildly bearish, while the monthly MACD remains bullish. The Bollinger Bands indicate a sideways movement on the weekly chart and mildly bearish on the monthly. Moving averages on the daily chart show a mildly bullish trend, but the KST and Dow Theory are both mildly bearish on the weekly and monthly time frames. Overall, the indicators suggest a lack of clear direction, with the strength of the trend being weak.
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