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In this article we are going to understand about Reliance Industries – Business Streams, Fundamental Analysis, Technical Analysis, Futures of Reliance Industries and finally is it going to next multibagger . You might have heard of Data is new Oil – yes this seems to be right phrase considering Jio’s presence with 30 crores of peoples in India, every household some how connected to Reliance Product and service right from entertainment, petroleum, retail digital , csr activities etc. Reliance has deep penetration in India.
Reliance has large number of brands and products lets see measure segments as per annual reports –
Technical analysis changes on daily basis the time passes, hence we will talk about few older chart patterns which do not depend on 1-2 month but multi year patters, support and resistance here are important points listed below –
RIL has market cap of more then 7 lac crore which is highest as of now in India, it has performed really well in last 5 year here is Share movement of last 10 years .
This is really difficult to predict however this is definitely a compounder stock with better stability and low risk for long term. Its large business segments and its diversification of business is key to buy. Every Field whether it is digital, retail or Jio has lot of potential to capture market share across India, here are my points for keeping in my portfolio –
Right time to buy Reliance Industries is now, it is definitely a must buy stock for long term investment purpose.
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courtesy : most of the data is collected from RIL Annual report