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Reliance Levels Today

Reliance Levels Today
Updated: 28 June 2026 | 9.00 AM IST

Today’s Reliance Outlook

Bullish Above: Rs. 1,326
Bearish Below: Rs. 1,312
Expected Range: Rs. 1,312 – Rs. 1,334
Best Trade Today: Buy Reliance 1320 CE above Rs. 1,326 | Buy Reliance 1310 PE below Rs. 1,312

Reliance Levels Today: Support, Resistance, Option Chain & Trade Setup

Reliance closed at Rs. 1,318.10 and is trading above its 20-DMA but below the 34, 50, 89 and 200-day moving averages, indicating that the broader trend remains weak despite a short-term recovery. The short-term trend has turned bullish, while both medium-term and long-term trends continue to remain bearish.

The stock is hovering around the pivot zone of Rs. 1,320.23. A sustained move above Rs. 1,326 could trigger fresh buying towards Rs. 1,334–1,347, while a break below Rs. 1,312 may lead to renewed selling pressure towards Rs. 1,307–1,293.

The option chain shows strong Call writing between 1330–1340, while Put writers are comparatively active around 1300–1310, suggesting that Rs. 1300–1330 remains the key expiry range.

Key Reliance Levels Today

Level Price
Support 1 Rs. 1,312.47
Support 2 Rs. 1,306.83
Pivot Rs. 1,320.23
Resistance 1 Rs. 1,325.87
Resistance 2 Rs. 1,333.63

Chanakya View

👉 Above Rs. 1,326: Buy 1320 CE for targets of Rs. 1,334–1,347.

👉 Above Rs. 1,334: Fresh breakout may extend towards Rs. 1,347–1,360.

👉 Below Rs. 1,312: Buy 1310 PE for targets of Rs. 1,307–1,293.

👉 Between Rs. 1,312–1,326: Expect consolidation and option premium erosion.

Reliance Option Chain Strategy Today – 30 June Expiry

Today’s Options Trade Setup

Instrument Trade Buy Zone Target Stop Loss
Reliance 1320 CE Buy Above Breakout Rs. 8–10 Rs. 16 / 24 Rs. 5
Reliance 1310 PE Buy Below Support Rs. 8–10 Rs. 15 / 22 Rs. 5
Reliance 1330 CE Buy on Strong Breakout Rs. 5–6 Rs. 12 / 18 Rs. 3

Why This Trade?

  • Reliance closed at Rs. 1,318.10, holding above the 20-DMA but still below the medium and long-term moving averages.
  • The short-term trend is bullish, while the medium and long-term trends remain bearish.
  • MACD histogram has turned positive, indicating improving momentum although the MACD is still below the zero line.
  • RSI at 49.00 reflects a neutral momentum setup with room for movement in either direction.
  • ADX at 15.95 suggests that the current trend is weak and awaiting a decisive breakout.
  • Parabolic SAR (Rs. 1,292.03) remains below price, supporting the ongoing recovery.
  • Option chain shows heavy Call writing at 1330–1340, making this a strong resistance zone, while 1300–1310 remains the major Put support.
  • A breakout above Rs. 1,326–1,333 could trigger short covering, whereas failure to hold Rs. 1,312 may invite fresh selling.

Support and Resistance

TypeLevels
Immediate SupportRs. 1,312 – Rs. 1,307
Strong SupportRs. 1,300 – Rs. 1,293
Immediate ResistanceRs. 1,326 – Rs. 1,334
Strong ResistanceRs. 1,347 – Rs. 1,360

Key Levels

Level TypePrice
Pivot PointRs. 1,320.23
Downside TriggerRs. 1,312
Upside TriggerRs. 1,326
Major ResistanceRs. 1,333
Strong SupportRs. 1,307

PCR Analysis Today

StrikePCR Interpretation
1280Strong Put support (PCR 1.05)
1290Healthy support (PCR 0.85)
1300Strong Put base with higher OI (PCR 1.21)
1310Neutral zone (PCR 0.99)
1320Call writers dominating (PCR 0.45)
1330Strong Call resistance (PCR 0.34)
1340Heavy Call writing zone (PCR 0.40)

Bias: Bullish only above Rs. 1,326. Bearish below Rs. 1,312.

Max Pain & Execution Plan

Max Pain Today

MetricLevel
Max Pain ZoneRs. 1,320 – Rs. 1,330

Execution Plan

ConditionAction
Above Rs. 1,326Buy 1320 CE
Above Rs. 1,334Buy 1330 CE
Below Rs. 1,312Buy 1310 PE
Rs. 1,312 – Rs. 1,326No Trade Zone

Technical View Today

IndicatorSignal
MomentumNeutral to Bullish
RSI49.00
ADX15.95 (Weak Trend)
MACDImproving (Positive Histogram)
DMISlight Bearish Bias
ATR26.38
Bollinger BandsTrading around Mid Band
StochRSIRecovering
Parabolic SARBullish
Williams %RNeutral

Pro-Level Upgrade (What Big Players Do)

  • A decisive close above Rs. 1,326–1,333 is required before aggressive long positions are added.
  • 1330–1340 remains the strongest Call-writing zone and is likely to witness profit booking.
  • Traders should avoid chasing longs unless Reliance sustains above Rs. 1,326.
  • If the stock slips below Rs. 1,312, downside momentum could accelerate towards Rs. 1,307–1,293.
  • Keep strict stop losses, as the ATR of Rs. 26.38 suggests volatility may increase during expiry.