Nifty: How to trade RIL on results day and 3 stock ideas of the week from Rupak De of LKP Securities
Shares of Nifty heavyweight RIL, which ended last week 1% down, have formed an inverted hammer pattern following a sharp correction, indicating the possibility of a bullish reversal. “Sentiment may improve, and the price could recover unless it breaks below the recent low of Rs 2,722,” says Rupak De, Senior Technical Analyst, LKP Securities. RIL […]