RELIANCE

- Long Term support

I am watching

as it approaches a multi-year rising trendline support, a level that has acted as a strong demand zone since 2021. The ₹1,280–1,300 zone is the first key support, while ₹1,220–1,240 remains the next major long-term support if selling pressure extends. The MACD is attempting to turn higher from lower levels, making this an important zone where a sustained bounce could emerge if support continues to hold.