Reliance is entering a structurally bullish phase, driven by momentum across its core verticals and supported by a clean technical breakout structure. The stock is acting as a market leader in the current cycle, participating in the next leg of India’s energy–digital–consumption growth theme. Its recent move toward a 52-week high reflects relative strength and outperformance versus the broader index
Opening angle
Reliance continues to position itself as a core market leader, driving India’s integrated transformation across energy, telecom, digital services, and organised retail. The recent up-move is not just a technical breakout but is supported by improving fundamentals and multi-sector momentum.
Data-backed drivers of the bullish view
*Strong year-to-date price performance and notable market-cap addition, reflecting institutional accumulation.
*A clean technical breakout structure with higher highs and higher lows, confirming a trend-following setup.
*Telecom tailwinds remain intact as ARPU continues to scale, supported by broadband penetration, enterprise solutions, and potential tariff hikes, which act as near-term earnings catalysts.
*Retail growth remains robust, backed by Q3 FY25 store additions, healthy revenue growth, and margin expansion, reinforcing Reliance’s position as a dominant consumer platform.
*The O2C business shows signs of margin improvement, aided by favourable spreads and stabilising global demand.
*Investments in new energy capex (solar, hydrogen, storage ecosystems) add a medium- to long-term rerating layer to the overall business.
Sectorial framing
Reliance functions as a multi-sector proxy for India’s economic cycle:
*Energy: O2C + renewables and cleaner fuels
*Telecom/Digital: broadband, enterprise solutions, digital transformation
*Retail: organised consumption, offline + online integration
Bullish View (Primary Bias)
*Buy Above: ₹1597 (Early Breakout Zone)
*Target 1 (Swing): ₹1753
*Target 2 (Short-Term): ₹2025
*SL: ₹1471 (Primary Support)
Disclaimer: tinyurl.com/59ypbsrh
Opening angle
Reliance continues to position itself as a core market leader, driving India’s integrated transformation across energy, telecom, digital services, and organised retail. The recent up-move is not just a technical breakout but is supported by improving fundamentals and multi-sector momentum.
Data-backed drivers of the bullish view
*Strong year-to-date price performance and notable market-cap addition, reflecting institutional accumulation.
*A clean technical breakout structure with higher highs and higher lows, confirming a trend-following setup.
*Telecom tailwinds remain intact as ARPU continues to scale, supported by broadband penetration, enterprise solutions, and potential tariff hikes, which act as near-term earnings catalysts.
*Retail growth remains robust, backed by Q3 FY25 store additions, healthy revenue growth, and margin expansion, reinforcing Reliance’s position as a dominant consumer platform.
*The O2C business shows signs of margin improvement, aided by favourable spreads and stabilising global demand.
*Investments in new energy capex (solar, hydrogen, storage ecosystems) add a medium- to long-term rerating layer to the overall business.
Sectorial framing
Reliance functions as a multi-sector proxy for India’s economic cycle:
*Energy: O2C + renewables and cleaner fuels
*Telecom/Digital: broadband, enterprise solutions, digital transformation
*Retail: organised consumption, offline + online integration
Bullish View (Primary Bias)
*Buy Above: ₹1597 (Early Breakout Zone)
*Target 1 (Swing): ₹1753
*Target 2 (Short-Term): ₹2025
*SL: ₹1471 (Primary Support)
Disclaimer: tinyurl.com/59ypbsrh
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.