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RELIANCE Share Price Discussion

Reliance Industries Ltd.
Sector: Petroleum
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RELIANCE Share Price *
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Reliance Ascending Triangle Formation.
Bullish breakout expected before
2:15 pm
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Recent posts in RELIANCE

RELIANCE - chart - 405968
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Reliance Fibonacci levels given on Aug 31 at 1200 levels... Attained 100% levels and made exact high of almost 1430₹ yesterday🚀🚀🚀😍😍😍😍😍
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RELIANCE Q2FY20 Result Update
➡Revenue down 5.4% at Rs 1.48 lakh crore vs Rs 1.57 crore (QoQ)
➡Net Profit up 11.5% at Rs 11,262 crore vs Rs 10,104 crore
➡EBITDA at Rs 22,152 crore
➡EBITDA margin at 14.91%
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JUST FOR INFORMATION:YES EVERYONE KNOWS THAT TODAY NIFTY HAD ALMOST TOUCHED ITS RECENT HIGH MADE ON 23rd OF SEPTEMBER(11695)...BUT ONLY FEW NOTICED THAT MORE THAT 50% OF STOCKS UNDER NIFTY 50 IS NOW TRADING ALMOST UPTO 15% BELOW THE HIGH MADE ON 23TH SEPT...
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Refining again starts firing at RIL; Jio, Reliance Retail add heft in Q2
Earnings before interest and tax (Ebit) of the refining business rose 10% sequentially.RIL’s gross refining margin (GRM) has increased to $9.4 per barrel in Q2FY20 from $8.1 per barrel in the June quarter
https://www.livemint.com
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No slowdown in consumption: Reliance Retail
The grocery sales were up 30 per cent, milk sales were up 53 per cent and the kurta sales were up 43 per cent, he said, adding the company cannot be compared to the demand-hit the auto industry as much of the stuff it sells is non- discretionary.
Moneycontrol
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RIL yet to decide on adoption of newer rate of corporate taxation
The government had last month slashed the corporate tax by ten percentage points, under which the effective outgo for companies will come down to 25.17 per cent.
Moneycontrol
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