Should have bought earlier, kind of risky for now. But if you watch IPL then I hope you know that all the brands that Mumbai Indian T-shirt had is of Reliance and one of them is DHFL which will soon be owned by Piramil.
Good for you. 26th May as per Kotak results will be negative also yes bank will sure shot take measures to overshadow the losses by other income and probably giving dividend so possibly there will be not much of a fall.
Airlines stocks are highly volatile because they are impacted by alot of external factors than just internal therefore it is very risky to invest in airlines. Before investing do look for fundamentals before you go for Technicals
Reversal can happen anytime soon however there is no way this stock can touch 6.10 without any good news. Only way out right now is if Anil pledge more shares of Reliance Infra to pay the debt. ( Reason why rel infra and cap going down )