Reliance - Strong support, expected budget rally in it
Budget Pick 1: King Reliance
Fundamentals : Very Strong, Market Leader, YOY Sales and Profits growth, QoQ Sales growth, DII stakes increased, increased Reserves Vs decreased Debt.
Technicals : Corrected, On Strong Trendline Support. Attractive RR!
R1: 2540
R2: 2680
R3: 2850
SL: 2150
Fundamentals : Very Strong, Market Leader, YOY Sales and Profits growth, QoQ Sales growth, DII stakes increased, increased Reserves Vs decreased Debt.
Technicals : Corrected, On Strong Trendline Support. Attractive RR!
R1: 2540
R2: 2680
R3: 2850
SL: 2150
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