Reliance Is Likely To Outperform - Stock Views

By looking at Reliance Industries Ltd., it was underperforming for almost two, two and a half years and then there was catching up which they did in the last two months. They have spurted from almost Rs 700 levels to Rs 900 and now again corrected.

My view is that being the heavy weight and the kind of underperformance that it has shown over the last two years, going forward in our weak market environment probably this will continue to outperform. Again institutional ownership is slightly on the lower side in this counter, so I am not of the opinion that this will underperform in a falling market.

One Response so far

  1. Anonymous says:

    RIL WILL GO UPTO Rs 685-715/- levels within 10 trading session as this is the most heavy weighted stock in the market and market will fall further, so kindly pick up the Put of the above stock of Dec, 2011 (740 & 760)


Get Daily Tips Directly on Email


Blogger news

What We Provide

We give Intraday Stock Tips, Markets Outlook, Nifty Tips Tomorrow, Futures Options Tips, Bank Nifty Tips, MCX Commodity Tips..

Free Trial Tips On Mobile By SMS

Subscribe us to get FREE TRIAL in stocks & commodity tips on your mobile by sms. We offer 2 days Free Trial for stock tips and commodity tips....... 2 Days Free Trial

Classified Ad Listing

Get Daily MCX and NCDEX tips with more than 90% accuracy on your MOBILE phone by SMS. We provide sure shot MCX and NCDEX Commodity tips with atleast 3-5% return on an intraday trading basis.
Free Trial


This blog is not intended as professional advice. The author disclaims any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material.