Reliance Industries - Unless closed above 1350 trends seems weak
Reliance industries announced that deal with Aramco is for USD 75 bn but Saudi Aramco said it is only letter of intent. Still long way to go...Some of the past events / news showing that reliance is desperate to reduce debt so trying for stake sale.
GDR has given thumps up to AGM and closed 6% from previous closing price. But stock trend has broken which is confirmed by OBV. Unless stock closes above 1350 stocks trends seems to be weak....
GDR has given thumps up to AGM and closed 6% from previous closing price. But stock trend has broken which is confirmed by OBV. Unless stock closes above 1350 stocks trends seems to be weak....