Reliance Industries Ltd.

NSE: RELIANCE · Oil Gas & Consumable Fuels

₹1,197.60

as of 28 Sep 2026

AI verdict · 28 Sep 2026

Bearish 62% confidence

Persistent 4.64% relative underperformance versus NIFTY, bearish EMA stack, and oversold RSI without reversal bounce suggest structural…

Strongest bull point

Stock trades 0.56% above 52-week low with RSI at 37.4 (oversold) and volume 19% below average, creating asymmetric risk/reward if business fundamentals remain intact.

Strongest bear point

Four-quarter relative underperformance, all moving averages in bearish stack, and sustained negative returns across all timeframes indicate company-specific headwinds beyond temporary sentiment.

Technical Forecast · next 10 trading days

Expected

₹1,272.81 +6.3%

Range

₹1,270.16 – ₹1,275.20

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Every call on RELIANCE, misses included

Bearish 28 Sep 2026 → now Scores 28 Oct 2026

₹1,197.60 → ₹1,197.60 0.0%

Our accuracy

Every verdict and forecast here is dated and scored when it matures — right or wrong. The first scored results publish a month after launch.

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