BULLISH RELIANCE BREAKOUT EXPECTED - Target 2200 and above
In the last two weeks, lot of intresting news coming with Reliance Industries, first the retail division has picked up stake in Biyani's Future Group and subsidaries. On the annoucement of this news, there was heavy profit booking seen by long term Future Group company stock holders.
On 9th Sep, News brokeout Reliance Retail has taken 1 Billion dollar investment from Silver Lake. During intraday, we saw massive movements towards the end of the trading day.
Reliance is targetted to reach beyond 2200. It's been volatitle in the last couple of weeks since August with many investors booking profits.
On 9th Sep, News brokeout Reliance Retail has taken 1 Billion dollar investment from Silver Lake. During intraday, we saw massive movements towards the end of the trading day.
Reliance is targetted to reach beyond 2200. It's been volatitle in the last couple of weeks since August with many investors booking profits.
Trade active:
Beautiful Breakout today. 10th Sep intraday high of 2344.
This is a 10 Year High for Reliance.
This is a 10 Year High for Reliance.
Comment:
Made a new ATH today during intraday session.
10th Sep saw a amazing return of 7% in a single day.