Effect of Reliance Industries on Nifty and Indian stock market | Indian Stocks to Make You a Millionaire
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Effect of Reliance Industries on Nifty and Indian stock market

Posted By On 1:48 PM Under
1. Reliance is a stock which causes a lot of turbulence in the market and thus one need to keep a close watch on the price of Reliance Industries.

2. Presently the charts in respect of Reliance is looking weak and thus one needs to watch the stock breaking Rs 1,949 level on the downside and as a result of FII jumping into selling of the stock as they hold 12.5% Reliance stock and thus pressure will be observed on Nifty and as a net result Nifty can fall to 3851 levels.

3. Thus as a thumb rule one must keep an eye on the trend of Reliance industries to get to know the exact pulse of the market.


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