InvestorQ : Is the right time to invest in Reliance & target for 2020?
simran Kaur made post

Is the right time to invest in Reliance & target for 2020?

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Aashna Tripathi answered.
2 years ago
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You must be aware that RIL has already been one of the best index performers over the last 3 years. Ever since the launch of the telecom venture and the profitable operation of its retail venture, the stock has done extremely well. The next phase of growth will be getting more of its profits from data and retail. The stock has momentum in its favour so you can conservatively target Rs.1800 or Rs.2000 on the stock during this year. However, a better approach will be to buy the stock on every dip rather than trying to jump into the market in the middle momentum.

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