Is Reliance Industr technically bullish or bearish?

Sep 30 2025 08:18 AM IST
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As of September 29, 2025, Reliance Industries is in a mildly bearish trend, supported by bearish MACD readings, Bollinger Bands, KST, and OBV across weekly and monthly time frames, despite a mildly bullish signal from daily moving averages.
As of 29 September 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 readings, both indicating a bearish outlook. The Bollinger Bands also reflect a bearish sentiment on the weekly and mildly bearish on the monthly. The KST and OBV are bearish on the weekly and monthly time frames, further supporting this bearish view. Although the daily moving averages show a mildly bullish signal, the overall indicators suggest a prevailing bearish trend, especially in the longer time frames.
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