Sell on rise at 2025-2030 stop loss of 2-3% and hold. Result has been delayed by RIL from 24th July to 30th July. I don't know the reason but suspect something fishy in the results. Shorts might be there in Reliance future which either people will roll over or square off on expiry. Let's see what happens.
This bubble has to be burst at some point of time. The stock has got a valuation from global investors but that valuation has to be justified by the performance. Stock listing may take 3 years and no new investment is lined up in the Jio platform, as Mukesh had told that he will dilute 20-25% of stake. It's my personal opinion and I may be biased .
This bubble has to be burst at some point of time. The stock has got a valuation from global investors but that valuation has to be justified by the performance. Stock listing may take 3 years and no new investment is lined up in the Jio platform, as Mukesh had told that he will dilute 20-25% of stake. It's my personal opinion and I may be biased .
Trade closed: stop reached