What is the technical trend for Reliance Industr?
As of June 2, 2025, Reliance Industries shows a mildly bullish trend, supported by bullish Bollinger Bands and daily moving averages, despite mixed signals from MACD and KST indicators.
As of 2 June 2025, the technical trend for Reliance Industries has changed from bullish to mildly bullish. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating mixed signals across time frames. The Bollinger Bands are bullish on both weekly and monthly charts, supporting a positive outlook. Daily moving averages are also bullish, reinforcing the mildly bullish stance. However, the weekly KST is bullish, and the monthly KST is mildly bearish, adding to the mixed sentiment. The Dow Theory shows a mildly bearish signal on the weekly chart, with no trend on the monthly. Overall, the current technical stance is mildly bullish, driven primarily by the bullish indicators in the Bollinger Bands and daily moving averages, despite some bearish signals in the longer-term indicators.
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