Soft Upstream, Strong Charts! Reliance Q4: What Experts Say

Ahead of Reliance Industries’ Q4 results, apical marketplace experts Mayuresh Joshi and Mitesh Panchal stock their outlook connected nan stock’s performance. While nan upstream and downstream businesses are expected to stay soft fundamentally, method indicators are signalling a imaginable breakout. With nan banal testing a cardinal guidance astir ₹1330, experts foresee an upside of 5–10% successful nan coming days, perchance targeting ₹1500 if levels are breached. Traders are advised to see out-of-the-money aliases at-the-money telephone options for participation, arsenic this strategy offers defined risk.