Reliance Industries Future and Option Prediction for Tomorrow 2 June 2026: Key Levels and Strategy

June 1, 2026
Posted by: Kunal Singla
Category: News

The reliance industries future and option prediction for tomorrow 2 June 2026 is bearish, based on Reliance Industries closing at Rs 1,320.00 on 1 June 2026 (-0.09%). GIFT Nifty at 23,490.0 (+107.40 pts, +0.46%) signals a gap-up open for Indian markets on 2 June 2026. Nifty 50 closed at 23,382.6 on 1 June 2026 after a bearish gap-up reversal from 23,733.7, while Nifty IT surged +2.66% led by Infosys and Coal India. The reliance industries future and option prediction for tomorrow takes into account this divergent market backdrop along with the sector-specific triggers detailed below.

Click Here – Get Free Investment Predictions

Table of Contents

Reliance Industries Share Price Recap on 1 June 2026

CMP (1 June 2026 Close): Rs 1,320.00 (-0.09%)

Session: Open Rs 1,332.50 | High Rs 1,335.50 | Low Rs 1,318.50

Sector: O&G/Telecom/Retail | 52W High: Rs 1,610 | 52W Low: Rs 898 | Lot: 250

Reliance Industries was near flat on 1 June 2026, declining marginally as crude oil price weakness driven by US-Iran deal progress weighed on O&C business assumptions. Jio’s 5G subscriber growth and Retail’s GMV expansion remain structural long-term positives.

Reliance Industries Futures Prediction for Tomorrow 2 June 2026

Futures Trend: Bearish | Futures Price: Rs 1,320.50

Support 1: Rs 1,318 | Support 2: Rs 1,302

Resistance 1: Rs 1,335 | Resistance 2: Rs 1,352

Ankit Jaiswal, Senior Research Analyst at Univest, notes that the Reliance Industries future and option prediction for tomorrow places Rs 1,318 as the critical immediate support for 2 June 2026. A gap-up open driven by GIFT Nifty at +107 points that holds above Rs 1,318 in the first 15-minute candle confirms the bearish setup in Reliance Industries futures. Jaiswal identifies Rs 1,335 as the first resistance level. A sustained close above Rs 1,335 would shift the reliance industries future and option prediction for tomorrow to a stronger bearish bias toward Rs 1,352.

Reliance Industries Options Analysis for 2 June 2026

PCR: 0.84 | Max Call OI: Rs 1,340 | Max Put OI: Rs 1,315

Kunal Singla, Associate Director at Univest, observes that the Reliance Industries options data shows max call OI at Rs 1,340 and max put OI at Rs 1,315. The PCR of 0.84 reflects cautious bearish positioning with call OI exceeding put OI. In the reliance industries future and option prediction for tomorrow, Singla watches Rs 1,315 as the intraday support floor and Rs 1,340 as the options-derived resistance ceiling.

Key Triggers for Reliance Industries on 2 June 2026

GIFT Nifty +107 pts: Positive pre-market signal supports gap-up recovery attempt, benefiting the bearish reliance industries future and option prediction for tomorrow.
Crude oil price and US-Iran deal timeline: Primary sector catalyst determining Reliance Industries direction on 2 June 2026.
Jio 5G subscriber and ARPU data: Secondary trigger to watch in the first half of the 2 June 2026 session.
FII June Flow: FII selling of Rs 21,106 crore on 29 May resets in June. Positive FII on 2 June 2026 accelerates reliance industries future and option prediction for tomorrow momentum.

Trading Strategy: Reliance Industries Futures and Options on 2 June 2026

1. Confirm the Gap-Up: Do not enter Reliance Industries futures at the open. Wait for the first 15-minute candle above Rs 1,318 before initiating positions.

2. Bull Setup: Reliance Industries holds above Rs 1,318 and breaks Rs 1,335 with volume. Target Rs 1,352.

3. Bear Setup: Sustained break below Rs 1,302 confirms bearish momentum. Avoid catching falling reliance industries futures.

4. Options Strategy: PCR at 0.84 and GIFT Nifty gap-up environment — consider defined-risk spreads over naked options for the reliance industries future and option prediction for tomorrow session.

Download the Univest iOS App or Univest Android App for live data and daily expert predictions.

Conclusion: Reliance Industries Future and Option Prediction for Tomorrow 2 June 2026

The reliance industries future and option prediction for tomorrow 2 June 2026 is bearish. Reliance Industries closed at Rs 1,320.00 on 1 June 2026 (-0.09%). Key support: Rs 1,318. Key resistance: Rs 1,335. GIFT Nifty at +107 points provides a positive gap-up backdrop. Ankit Jaiswal of Univest flags Rs 1,318 as the session floor and Kunal Singla flags Rs 1,340 call OI as the ceiling in the reliance industries future and option prediction for tomorrow. All levels are educational only.

Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. SEBI Reg: INH000012449.

Frequently Asked Questions

What is the Reliance Industries future and option prediction for tomorrow 2 June 2026?

Ans. The Reliance Industries future and option prediction for tomorrow is bearish. CMP is Rs 1,320.00 (-0.09% on 1 June 2026). Support is Rs 1,318, resistance Rs 1,335. GIFT Nifty at +107 points signals a positive gap-up. PCR is 0.84 with max call OI at Rs 1,340.

What is the support for Reliance Industries futures on 2 June 2026?

Ans. Support for Reliance Industries futures on 2 June 2026 is Rs 1,318 (immediate) and Rs 1,302 (secondary). Ankit Jaiswal of Univest identifies Rs 1,318 as the make-or-break level for the reliance industries future and option prediction for tomorrow.

What is the resistance for Reliance Industries on 2 June 2026?

Ans. Resistance for Reliance Industries on 2 June 2026 is Rs 1,335 (immediate) and Rs 1,352 (next level). Max call OI at Rs 1,340 acts as the options-derived ceiling in the reliance industries future and option prediction for tomorrow.

What is the PCR for Reliance Industries options on 2 June 2026?

Ans. PCR for Reliance Industries options is 0.84. Max call OI at Rs 1,340 and max put OI at Rs 1,315. Kunal Singla of Univest observes a cautious signal for the reliance industries future and option prediction for tomorrow.

What are the key triggers for Reliance Industries on 2 June 2026?

Ans. Key triggers for the reliance industries future and option prediction for tomorrow include GIFT Nifty +107 pts, crude oil price and us-iran deal timeline, jio 5g subscriber and arpu data, and FII June flow direction. These determine whether the reliance industries future and option prediction for tomorrow trends toward Rs 1,335 or Rs 1,302.

News Q4 Results

Author: Kunal Singla

Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.