1. As per the direction of the market the Reliance Industries is looking weak.
2. Stock can touch the level of Rs 2125 on the down side.
3. Since Indian stockm market fortune is linked with Reliance Industries; when it goes down it takes market further down with it.
4. However long term investors need not worry as and when its refinery goes in action that is the time world energy equation will be changed and thus it will be than difficult to quantify its accurate value as its assets can not be matched in that scenario as countries grows on the basis of energy demand.
10 Jun 2008
BSE & NSE Indian Share Tips Info for Reliance
BSE & NSE Indian Share Tips Info for Reliance
2008-06-10T00:32:00+05:30
Analyst
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