We have covered this stock earlier also and have recommended our delivery stock clients to go long in the stock as the time has come for the giant to wake up from its slumber.
We are referencing to Reliance which has given a breakout and can be added as a systematic investment plan. Remember it has now become a Jack of all trades and its Jio bet has played very well and has started giving it profits every quarter. Now its gestation period is over and now is the time to reap the rewards. The stock can tgt 1220,1250,1300,1400 & higher levels in medium to long term. On crossing 1300 mark it encounters resistance at 1320 level and we need to watch this level as on breaking this level stock can head for 1400 level.
We are referencing to Reliance which has given a breakout and can be added as a systematic investment plan. Remember it has now become a Jack of all trades and its Jio bet has played very well and has started giving it profits every quarter. Now its gestation period is over and now is the time to reap the rewards. The stock can tgt 1220,1250,1300,1400 & higher levels in medium to long term. On crossing 1300 mark it encounters resistance at 1320 level and we need to watch this level as on breaking this level stock can head for 1400 level.
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