Technically looking good,how are the fundamental prospects of the company? would it be a safe bet?
padiyara
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@NamantSatiya, true, the abstract of the fundamental is finally profit, which is said HUGE,means you can assume or check what the gist,
The Numbers are bad for the past 3 years and every one know it is Reliance,so, for that no one needs my certificate at all :D
The Sector is telecom and it is also not performing well. DEBT is high, and more over what I noticed is a big joke,
is the details and numbers of its Holding, Subsidiary and Associate Companies are about to cross a Hundred.Reliance Innoventures, Infratel, Telecom, Communications, Wimax, Bhutan, Webstore, Infocomm, MobileComm, Globalcom, then many infras, and chafras, the list goes long.
That is how it dissect in to detail. Nowhere no hope at least for next one year.
Bet! bet I said, on breakout it can give you 7 rupee atleast,it is 30% and if it reach ₹44 it is almost a 90%...Stop was 22.5, that hit already & 22.4 now:D