InvestorQ : How do you see the share price of Reliance Industries Ltd going to fluctuate during pre & post diwali trades this year amid Covid-19 & other international situations? Can we expect any all time high by this year end?
Prashant Pande made post

How do you see the share price of Reliance Industries Ltd going to fluctuate during pre & post diwali trades this year amid Covid-19 & other international situations? Can we expect any all time high by this year end?

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Juvina Maggie answered.
9 months ago
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I am not sure if trying to trade Reliance in terms of pre-Diwali and post-Diwali is a great idea. My reaction is that at after the recent dip from 2300 to 1900, the stock looks very attractive in valuation terms. That is what you must really focus on. Other things don’t matter.

Normally, Diwali trading has been positive in India so that is good news for you. It is very unlikely that the most valuable company would fall in value. But don’t depend on Diwali movements for your RIL strategy. It should be there in your portfolio.

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