Reliance eyes ₹1,603 breakout ahead of Q1 results: Analyst
Reliance Industries may post ₹19,775 crore profit in Q1FY26, boosted by the Asian Paints stake sale. Analyst Rohit Mehta sees a bullish cup pattern, with ₹1,603 as a breakout trigger. Stock opened at ₹1,479.9. Support lies at ₹1,250-1,310. Retail sentiment on Stocktwits is bearish, despite a 20% YTD gain and structural concerns persist with modest 5-year CAGR and low ROE.