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The RIL stock is struggling to maintain upward momentum for the past few trading sessions (with low volumes ) and it is also in 52 week high. This in conjunction with weak market scenario , bear hug to the stock is imminent.
Also stock is trading below 21 MA , Drooping MACD and RSI.
Brace for bear rally for RIL scrip.
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Sir i agree with your view, but the risk seems to be more than the returns.
Good observation, thanks for sharing.