Latest Reliance Target with Stop Loss

Reliance stock which can be a part of your portfolio but you must know what are the likely targets you can expect in the medium term to long term as the present correction has given you an opportunity to accumulate the stock at a discounted price or you can say that you are getting a good stock at a discount sale in the market.

You must understand that whenever you are buying any stock it has to be with the stop loss because if you do not follow the stop loss say you may be clinging to loss making opportunities and we will also suggest that always trade with the stop loss in the mind so that you are not stuck up with dud stocks.

Reliance is one stock even if in which you don't have stop loss and also added as a systematic investment plan; it will give you good wealth generation for your generations to come.

Reliance has been in a long slumber for past few years and the last coronavirus times it has given a low of around 800 or so and that time also through this website we have published an article to buy Reliance at 800 + level because the promoters were themselves increasing the stake in the stock.

Do not feel that you have missed the bus since the stock has moved from 800 plus levels to present levels of 2300 plus because it is a multibagger stock and can give you good returns over a long period of time and moreover you get good dividend also from the company. So, besides the capital appreciation you will be also getting good dividend and so it is a Win-Win situation for all the people who want to hold the stocks with the long-term perspective because good quality stocks remain in slumber for long years and then once they wake up they remain in uptrend for further more years. Reliance has been in slumber for around 10 years or so until last year when it started moving up and we expect that this stock will be at least in upbeat mode that is in bullish trend for it is next 10 years or so.

The present down trend in the stock is due to its calling of partnership with Saudi Arabia Aramco company but these are temporary blips so don't get carried away with the all such as small corrections are an opportunity for you to accumulate Good stocks at a discount sale.

if capital is a concern for you then go ahead with a Bank Nifty Option tips and you can even start with a small capital of rupees 5000 and make money in intraday in less than 2 hours every day. Our aim is to trade less and trade accurately and  capture the profit and move out off the market.

The video of Reliance giving you the targets and stop loss will be given in the video which will load below this line.