RIL shares out of consolidation, can rally another Rs 200: Anand James
NEW DELHI: Friday’s 2.8% rally in shares of Reliance Industries (RIL) was apparently led by positive news flow on Jio as well as the consumer business, says Anand James, Chief Market Strategist at Geojit Financial Services. “This also means that we have come clean off the consolidation that has been playing out since February, potentially preparing it for another 200 point move,” he says. Edited…
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