Reliance Industries Future and Option Prediction for Tomorrow 29 May 2026: Key Levels and Strategy

The Reliance Industries future and option prediction for tomorrow on 29 May 2026 is bearish based on 27 May 2026 data. Reliance Industries (NSE: RELIANCE) closed at Rs 1350.5 on 27 May 2026, a change of -2.5 (-0.18%) in the session. The stock touched a session high of Rs 1361 and a session low of Rs 1348.6. With GIFT Nifty indicating a gap-down of -261 points (-1.09 per cent) for 29 May 2026, the Reliance Industries future and option prediction for tomorrow carries a bearish bias in the near term. Support is at Rs 1348.6 and resistance at Rs 1361 for the 29 May 2026 session.

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Reliance Industries Share Price Recap on 27 May 2026

CMP (27 May Close): Rs 1350.5

Session Open: Rs 1353 | High: Rs 1361 | Low: Rs 1348.6

52-Week High: Rs 1688 | 52-Week Low: Rs 1082

Reliance Industries edged down 0.2 per cent on 27 May. The O2C business faces global crude pressure while Jio and Retail remain growth anchors.

Reliance Industries Futures Prediction for Tomorrow 29 May 2026

Futures Trend: Bearish

Futures Price (Approx): Rs 1351

Support 1: Rs 1348.6 | Support 2: Rs 1338

Resistance 1: Rs 1361 | Resistance 2: Rs 1378

Ankit Jaiswal, Senior Research Analyst at Univest, notes that the Reliance Industries future and option prediction for tomorrow places Rs 1348.6 as the critical immediate support. A hold above Rs 1348.6 in early trade on 29 May 2026 would signal bearish continuation toward Rs 1361. Jaiswal flags that the gap-down indicated by GIFT Nifty at -261 points may pressure Oil and Gas, Telecom, Retail stocks at the open, making the first 30-minute candle decisive for the Reliance Industries futures direction.

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Reliance Industries Options Analysis for 29 May 2026

Put Call Ratio (PCR): 0.85 | Max Call OI: Rs 1380 strike | Max Put OI: Rs 1340 strike

Kunal Singla, Associate Director at Univest, observes that the Reliance Industries options chain for the near-month expiry shows maximum call open interest at the Rs 1380 strike and maximum put open interest at Rs 1340. The PCR of 0.85 reflects cautious positioning with put writing lagging call buildup. On a gap-down open driven by GIFT Nifty weakness, Singla suggests watching the Rs 1340 put OI level as a potential support floor for intraday positioning in Reliance Industries options on 29 May 2026.

Key Events and Triggers for Reliance Industries on 29 May 2026

• GIFT Nifty Gap-Down (-261 pts): A 1.09 per cent lower opening affects all Oil and Gas, Telecom, Retail stocks and sets the early session tone for Reliance Industries.
• Crude oil price direction: This factor directly influences Reliance Industries intraday direction on 29 May 2026.
• Jio subscriber and ARPU data: Watch for updates that could drive Reliance Industries futures above or below key levels.
• BSE Sensex Weekly Expiry (29 May 2026): Expiry day volatility may amplify moves in Reliance Industries options, particularly near the max OI strikes at Rs 1380 and Rs 1340.

Trading Strategy for Reliance Industries Futures and Options on 29 May 2026

1. Do Not Chase the Gap-Down Open: Wait for Reliance Industries futures to stabilise above Rs 1348.6 before initiating any long position in the 29 May 2026 session.

2. Bull Setup: If Reliance Industries holds above Rs 1348.6 for the first 15 minutes and reclaims Rs 1361, the Reliance Industries future and option prediction for tomorrow turns positive toward Rs 1378.

3. Bear Setup: A sustained break below Rs 1338 confirms renewed selling pressure toward the next support. Avoid catching falling knives.

4. Options Strategy: With PCR at 0.85 and BSE Sensex weekly expiry on 29 May 2026, consider defined-risk spreads rather than naked options in Reliance Industries for the session.

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Conclusion

The Reliance Industries future and option prediction for tomorrow on 29 May 2026 is bearish, with key support at Rs 1348.6 and resistance at Rs 1361. Reliance Industries closed at Rs 1350.5 on 27 May 2026 (-0.18%), with a 52-week range of Rs 1082 to Rs 1688. GIFT Nifty indicating a -261 point gap-down on 29 May 2026 adds caution for the Oil and Gas, Telecom, Retail sector. Ankit Jaiswal of Univest flags Rs 1348.6 as the session support while Kunal Singla of Univest highlights Rs 1380 call OI as the resistance ceiling. These levels are for educational analysis and not investment advice. All Reliance Industries future and option prediction for tomorrow levels should be verified against live market data on 29 May 2026.

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

Frequently Asked Questions

What is the Reliance Industries future and option prediction for tomorrow 29 May 2026?

Ans. The Reliance Industries future and option prediction for tomorrow is bearish. CMP is Rs 1350.5 on 27 May 2026. Support is at Rs 1348.6 and resistance at Rs 1361. GIFT Nifty indicates a -261 point gap-down for 29 May 2026. PCR for Reliance Industries options is 0.85 with max call OI at Rs 1380.

What is the support level for Reliance Industries futures on 29 May 2026?

Ans. The support levels for Reliance Industries futures on 29 May 2026 are Rs 1348.6 as immediate support and Rs 1338 as secondary support. Ankit Jaiswal of Univest flags Rs 1348.6 as the make-or-break level for the session.

What is the resistance level for Reliance Industries on 29 May 2026?

Ans. The resistance for Reliance Industries on 29 May 2026 is Rs 1361 as immediate resistance and Rs 1378 as next resistance. Maximum call OI is at Rs 1380, which acts as an additional resistance reference for options traders.

What is the PCR for Reliance Industries options ahead of 29 May 2026?

Ans. The Put Call Ratio for Reliance Industries options is 0.85. Maximum call open interest is at Rs 1380 and maximum put open interest is at Rs 1340. Kunal Singla of Univest observes this PCR as a cautious signal for 29 May 2026.

What are the key triggers for Reliance Industries on 29 May 2026?

Ans. Key triggers for Reliance Industries on 29 May 2026 include: GIFT Nifty gap-down of -261 points, crude oil price direction, jio subscriber and arpu data, and BSE Sensex weekly expiry volatility. These factors will determine Reliance Industries futures direction in the 29 May 2026 session.