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Umang Bhutada

22nd Nov · SEBI-Registered Analyst

RELIANCE | TECHNO-FUNDA ANALYSIS

Reliance Industries – 1D

RELIANCE
IMP Levels: Support: ₹1,432 | Resistance: ₹1,539 | ATH: ₹1,609 Company’s Business: Diversified giant — refining, telecom (Jio), retail, petrochemicals, new energy. Earnings: Strong cash flows; consistent revenue from consumer + energy segments. Verdict: Sustaining above ₹1,539 can open the path toward ₹1,609.

#TechnicalViews#FundamentalViews
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