Reliance builds base at ₹1,480, analyst eyes FMCG upside
Ahead of Q1 results, Analyst Vijay Gupta sees Reliance building a strong base at ₹1,480 with support from FMCG push via RCPL. Key support lies at ₹1,462-1,480, resistance at ₹1,515-1,540. RCPL's global expansion, brand buys like Campa Cola, and "Independence" launch fuel long-term growth. Stock is up 22% YTD; retail sentiment turns bearish.