RIL Q1 strategy: How to trade Reliance Industries shares ahead of June quarter earnings?

Reliance Industries is set to release Q1 FY27 results after market hours on Friday. Brokerages estimate consolidated EBITDA to rise 4-10 percent year-on-year, driven by stronger refining margins and tighter petrochemical spreads in the O2C segment along with Jio's ARPU growth, though retail and upstream oil-and-gas segments may remain weak. The stock closed at Rs 1,296.60 on NSE, consolidating in a Rs 1,287 to Rs 1,311 range, and has declined 17.5 percent so far in 2026.