RIL looking very negative: Maia Financial Services
Hemant Kale, MD, Maia Financial Services Pvt, in a chat with ET Now talks about RIL.
Reliance is looking very negative on the charts. It does not look attractive to me at all because Reliance all the stocks in the refinery space have been in a consolidation range for maybe three or four months time. Unless they break out of this consolidation area either on the upside or the downside, it is difficult to comment on this pack at the moment.
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