Is Reliance Industr technically bullish or bearish?
As of August 8, 2025, Reliance Industries shows a mildly bearish trend, supported by bearish indicators on weekly and monthly time frames, despite a slightly bullish signal from daily moving averages.
As of 8 August 2025, the technical trend for Reliance Industries has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD, KST, and Dow Theory all indicating a bearish outlook. Bollinger Bands also confirm a bearish trend on both weekly and monthly time frames. Although daily moving averages show a mildly bullish signal, the overall sentiment remains bearish due to the stronger indicators on longer time frames. The stock has underperformed the Sensex over the past month and year, further supporting the bearish outlook.
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