After rallying in April–May, Reliance has been consolidating between ₹1,420–1,460, but a breakout may be near, according to adviser Financial Independence. A sustained move above ₹1,470 could open the path to ₹1,510–1,540. With the RSI at 61, momentum remains bullish. Key support is seen at ₹1,410–1,420. The stock is up 20.5% year-to-date.