Reliance Industries

RIL - High level-enquiry may be ordered for beating down the stock. RIL likely to gain. Some top names likely to be involved in the fiasco. Mukesh Ambani likely to be the winner!

That could have been the case if only RIL was beaten down. Whereas all the stocks are being beaten down. So, I do not know what kind of enquiry could you be referring to.

'Mr.Ambani Likely to be the winner' or is it maybe after it is found that Mr.Ambani himself was reponsible for the fall so that he could accumulate a few lac shares for himself in this panic Just a thought

Both Weekly & EoD chart is showing that RIL still has some more downside left ,how much i am not able to quantify.(My most past Analysis has been proved to be wrong)

Da I m keeping an eye on RIL too from 1500 n its falling from there sharply
which was a good bet for me at 1500 now feel costly at 1000 bcoz of falling mkt n lower sentiment.I m thinking to wait till the FII end n they finish there p-notes.Till then saving my notesbut i feel around 800 it is in safe zone n can b good long term investment

Hi,
I am leaning chart patten and technical analysis.
Can any one conform that Reliance has formed 'Head and Shoulder'...?

Nava,