Is it good to buy Reliance shares now?
Reliance Industries: A good stock to buy This is another stock where we believe the parameters of growth are likely to be fulfilled for the next 5-years. With oil to chemicals business, retail and Jio Platforms all firing, we believe growth is intact for the next 5-years and beyond.
What is future price of Reliance?
RELIANCE Futures
| Instrument | Underlying | Low Price |
|---|---|---|
| Stock Futures | RELIANCE | 2,487.65 |
| Stock Futures | RELIANCE | 2,490.80 |
| Stock Futures | RELIANCE | 2,497.15 |
Is Reliance bullish or bearish?
Key Technical Indicators of Reliance Industries Ltd.
| Indicator | Value | Signal |
|---|---|---|
| ADX | Adx : 19.06, +DI : 15.74, -DI : 23.49 | Bearish |
| Aroon | Aroon Up : 14.00, Aroon Down : 85.00 | Strong Bearish |
| Awesome Osc | -81.44 | Bearish |
| MACD | Macd : -35.09, Signal Line : -12.30 | Bearish |
Reliance’s share price by 2025 would be 5,600–6100. It is quite profitable in long term. It is a large company with a market size of Rs 14,20,340 cr. Company with Zero Promoter Pledge. Company with Low Debt.
“We raise our 12-month SOTP-based target price by 12% to Rs 3,185 as we incorporate New Energy capex, earnings and valuation in our numbers and reiterate our Buy rating (on CL),” they added. The bull case target price set by Goldman Sachs would see RIL shares rally 80% to touch a target of Rs 4,400.
Stocks to Buy Today: Best Shares to Buy in India
| Name | LTP | Low |
|---|---|---|
| Bajaj Finserv | 11,428.40 | 11,290 |
| Bharti Airtel | 680.80 | 676 |
| Britannia Inds. | 3,424.85 | 3,388 |
| Cipla | 927.00 | 922 |
What is the lot size of Reliance?
Snapshot Call Option of Reliance Industries Ltd.
| Expiry date | 30/06/2022 | 28/06/2022 |
|---|---|---|
| Lot Size | 250 | 250 |
| Max Traded Strike Price/ Contracts | 2600.00 / 27930 | 0 / 0 |
| Previous Day Max Traded Strike Price/ Contracts | 2500.00 / 48305 | 0 / 0 |
| Total Call Contracts/ Previous | 187090 / 215802 | 0 / 0 |
You can easily buy Reliance Industries shares in Groww by creating a demat account and getting the KYC documents verified online.
What is the lot size of TCS?
The lot size for 127 securities will remain unchanged….Revision in lot size of stock F&O contracts from November 2021 expiry.
| Sr No | 32 |
|---|---|
| Underlying | TATA CONSULTANCY SERV LT |
| Symbol | TCS |
| Present Market Lot | 300 |
| Revised Market Lot | 150 |
Is Reliance going to rise tomorrow?
Tomorrow’s movement Prediction of Reliance Industries Limited RELIANCE as on 27 Jun 2022 appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session….Munafa value: 35 as on 27 Mon Jun 2022.
| Downside target | 2442.98 |
|---|---|
| Upside target | 2569.78 |
What is RSI of RIL?
Settings
| Name | Value | Action |
|---|---|---|
| RSI(14) | 40.365 | Sell |
| STOCH(9,6) | 30.009 | Sell |
| STOCHRSI(14) | 72.289 | Buy |
| Williams %R | -73.165 | Sell |
What is the position of Reliance?
The company is ranked 155th on the Fortune Global 500 list of the world’s biggest corporations as of 2021. Reliance continues to be India’s largest exporter, accounting for 8% of India’s total merchandise exports and access to markets in over 100 countries.
The board of directors of the company at its meeting held on January 12, 2022, have approved and recommended the issuance of fully paid-up bonus shares in the ratio of 1:1, out of its free reserves created out of profit, EaseMyTrip said in a statement.
Reliance Industries Ltd. (500325) Stock Price Prediction, Stock Forecast for next months and years
| Date | Opening price | Maximum price |
|---|---|---|
| May 2023 | Open: 2975.515 | Max: 3019.165 |
| June 2023 | Open: 3023.264 | Max: 3062.521 |
| July 2023 | Open: 3066.957 | Max: 3133.517 |
| August 2023 | Open: 3135.038 | Max: 3184.721 |
Tata Motors Ltd. quote is equal to 414.550 INR at 2022-06-28. Based on our forecasts, a long-term increase is expected, the “Tata Motors Ltd” stock price prognosis for 2027-06-18 is 943.250 INR. With a 5-year investment, the revenue is expected to be around +127.54%.
Reliance Industries share price fell over 2% on Monday after the company reported a 22.5% on-year growth in consolidated net profit at Rs 16,203 crore for the quarter ended March, on the back of bumper oil refining margins, steady growth in telecom, digital services and retail business.
Key factors driving the stock. Reliance Industries (RIL) shares have surged to near all-time high on expectations of strong Q4 numbers of Reliance Petrochemicals on improving GRM (gross refining margin) in recently ended March 2022 quarter.
The stock has been surging on the back of rise in Singapore GRM and higher oil and gas prices also supporting petchem business. After the recent surge in crude oil prices, its petro-chemical business is likely to report margin benefit on its unsold petrol and diesel inventories.”
What’s a good excuse to break a lease?
What are 5 examples of benefits?
What is the average cost of a 40 foot shipping container?
About Author
