Reliance Industries – Positional

Important Levels: Support: 2,850 – 2,800 Resistance: 3,000 – 3,080 Structure: Range breakout attempt Business: Diversified giant (Oil, Jio, Retail) Key driver of index movement Strong long-term growth visibility Earnings: Oil price fall = margin support Jio + Retail driving future growth Stable earnings profile Verdict: 👉 Slow mover but powerful 👉 Good for positional + index play