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Chinmayonniftyy
24 jun 2021 08:32

RELIANCE: LOOKING POSITIVE AHEAD OF AGM 2021 Lång

RELIANCE INDSNSE

Beskrivning

All eyes are on Reliance's second virtual AGM that comes in the backdrop of world's worst coronavirus outbreak. India’s most valuable company is expected to give a glimpse of its 5G rollout plan, possible listing of its digital unit and a cheaper smartphone being developed with Google and many more.

Technical view: Bullish Flag Pattern, Trading above all SMAs RSI, ADX, MACD are Positive, Valuation is cheap as Stock price < 2/3 Tangible book value per share.

Disclaimer: I am one of those stock enthusiast who loves to trade, i am not an expert, the charts i post here are my records and practice. I reserve the right to be wrong.

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