Is Reliance Industr technically bullish or bearish?

Oct 08 2025 08:09 AM IST
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As of October 7, 2025, Reliance Industries shows a mildly bearish trend, supported by bearish indicators from MACD, Bollinger Bands, and KST, despite some mildly bullish signals from daily moving averages.
As of 7 October 2025, the technical trend for Reliance Industries has changed from sideways to mildly bearish. The current stance is mildly bearish, supported by the weekly and monthly MACD and Bollinger Bands indicating bearish momentum. The KST is bearish on the weekly and mildly bearish on the monthly, reinforcing the negative outlook. Although the daily moving averages show a mildly bullish signal, the overall indicators suggest weakness in the stock's performance. The lack of strong signals from the RSI and OBV further indicates a lack of upward momentum.
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