XTRAS: In 2008, Reliance opened ‘Aishwarya Academy’- India’s first International school for dance, music and acting. In 2016, it was renamed Aishwarya Global School.
TECHNICAL ANALYSIS
• Immediate Support can be seen at Rs. 2236 levels where it has bounced back a few months ago. And if supports got broke we can see next support at 2000.
• Share has just broken resistance of 2574 if the trend continues next resistance can be seen at 2754 levels where it has shown a downward trend 2 times.
• RSI index is taken on 67. Currently, it's in the slightly overbought zone as of now.
• Volumes have been increasing following last months which might have a reverse effect on price.
ANALYST VIEW
• Long term prospects and dominant standing of RIL in each of its product & services portfolios provide comfort for value creation.
• RIL continues to fill white spaces through acquisitions, it bought 96.4% in Milkbasket, and acquired Portico entered into a master franchise agreement with 7-eleven will enhance its Omni channel capabilities and business growth.
❮
❯
