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Will Reliance Rebound or Continue Its Downtrend? Market Expert Decodes the Stock’s Future

Will Reliance Rebound or Continue Its Downtrend? Market Expert Decodes the Stock’s Future

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.

 

Stay tuned to Business Today TV as top market analysts decode the latest trends!

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