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12 Feb 2011

Future of Reliance Stock Under Mukesh Ambani




Reliance is now at a crucial junction because if it closes below 900 on weekly basis than it can fall to 850-750 levels. Reliance has definitely disappointed a number of investors as it has given negative returns in past 1 year. Reliance management is trying to shore up the price of stock by time and again sending news in market related to its future acquisitions abroad.

Die hard fans of Reliance can accumulate stock at every Rs 50 fall to get a good price which will give good returns in 2-3 years time frame.
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