Reliance The Name IS Enough

2022년 12월 29일

RIL is taking nice support around 200 days EMA and it might be time to compound the stock. If you don't have Reliance it might be a good opportunity to add. If it goes down will definitely provide an opportunity to average on bounce. Further compounding can be done after it crosses and closes above 2578.

Targets: 2662, 2757.
Long term target: 2858.
Eventually it might reach 3000+.

One stock where I would not put a trailing stop loss. but if you want to keep a trailing stop loss you can keep it at closing below 1850.

Enough has been said about the stock on various occasions.