Reliance Industries has slipped below the crucial ₹1,200 mark, leaving investors anxious about its future trajectory. After a decade of consistent returns, 2024 has seen Reliance deliver zero gains. The stock has fallen 11% in just the last three months. Many investors who anticipated a reversal post-bonus announcement are now caught in the downturn. Vaishali Parekh, VP Technical Research & Analysis at Prabhudas Lilladher, provides a sharp technical outlook on Reliance. With key support levels breaking, could we see Reliance drop to three-digit levels? Or is this the right time for long-term investors to start accumulating?
Watch this video to know:
How much more downside is left in Reliance Industries shares?
Will Reliance bounce back, or is there more pain ahead?
Expert insights on what’s next for Reliance Industries.
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