RELIANCE INDUSTRIES LTD
Long

Long Term Portfolio Stock with potential for value unlocking.

97
Reliance CMP 2477 has give an above Par to Good result. So many Acquisitions and right moves by the management. Plus as said earlier the value unlocking potential is huge considering IPO of JIO and other business segregations that may happen. For Long Term SIP buying is suggested to 3 to 5% of your Portfolio Value.

For Short term it is trapped in the squeezing triangle. Next week it has potential to take the market up with it or down with it.

If it goes down accumulate on dips. If it starts moving up buy at CMP. Medium term target 2700+. Long term target 3000+. Portfolio Stock. Long term Investment. I would not hesitate on buying at CMP and add more if price dips by chance.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.