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Reliance threatens to break key support after 3 months; check downside risk

Reliance stock today is seen trading below the super trend line on the daily chart for the first time since April 16, 2025.

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Reliance stock slipped nearly 3% in Monday's intra-day trade.

Rex Cano Mumbai
Reliance stock slipped 2.7 per cent to an intra-day low of ₹1,437 on the NSE in Monday's trading session as the stock reacted to the Q1 results announced post market hours on Friday.  Reliance reported a consolidated net profit of ₹26,994 crore for the quarter ended June 2025 (Q1FY26), up 78.3 per cent when compared with ₹15,138 crore in Q1FY25. The sharp rise in profit growth was largely on account of a one-off gain worth ₹8,924 crore from its stake sale in Asian Paints.  The Q1 earnings were below Street expectations. Here's what analysts