Reliance is trading in a weak structure before Q1 FY26 results. It's below key Ichimoku lines, with bearish indicators like falling OBV, CMF at -0.04, and four red candles in a row. Analyst Vijay Gupta sees no bullish signs yet. Avoid fresh longs unless ₹1,510 breaks with volume. Key support lies at ₹1,462-1,420. Option traders may consider straddles until breakout.