Reliance: Neutral
Reliance not yet participated in the rally in Indian market.
Reliance = 10% of Nifty,
Hence, it's very important to understand the direction Reliance takes to understand Nifty50 direction.
My view is neutral, and entirely depends on which side the Relative Momentum breaks out/down. We will know very soon!
Reliance = 10% of Nifty,
Hence, it's very important to understand the direction Reliance takes to understand Nifty50 direction.
My view is neutral, and entirely depends on which side the Relative Momentum breaks out/down. We will know very soon!
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