Thread by @TalkingCrypto, How technical analysis tell us $RIL #RELIANCE stock price is a mirror [...]

How technical analysis tell us $RIL #RELIANCE stock price is a mirror image of $AMZN. A thread:

on a closer look, RIL currently is where Amazon was at $350 during 2012-13.

the fractals are so distinguish similar in terms of consolidation and lift-off that we know RIL stock will be a tear jerker for many until FOMO rushes in. the fight between bulls and bears for a consistent period of 3288 days before the lift off, breaking into new price territory

$the fractals are so distinguish similar in terms of consolidation and lift-off that we know RIL stock will be a tear jerker for many until FOMO rushes in. the fight between bulls and bears for a consistent period of 3288 days before the lift off, breaking into new price territory$

So, if the current lifetime price chart of RIL is what Amazon was from 1997-2013 then you must surely want to know what happened to Amazon post 2014? BAZOOKA. The price went 10x in just over 5 years of holding period.

So, screw your fundamentals, P/E ratios, over intellectual mental masturbation of how RIL is so overpriced. This stock only goes up. $RIL #RELIANCE #JIO will touch Rs20,000 per share in 2026.

Interested in a detailed analogy of how #RelianceIndustries and #Amazon technicals and fundamentals echo in a similar way? Read: https://bitcoinwiser.com/why-reliance-stock-is-indias-very-own-amazon-stock-a-10x-in-the-making/">https://bitcoinwiser.com/why-relia...

Why Reliance stock is India’s very own Amazon stock : a 10x in the making - Welcome to Bitcoin Wiser

Reliance Industies Limited stock is a mirror image of Amazon stock chart. Read and find the best investment of the decade.

https://bitcoinwiser.com/why-reliance-stock-is-indias-very-own-amazon-stock-a-10x-in-the-making/

#Reliance ain& #39;t done yet, gunning for new all time high

BRACE YOURSELVES, next target Rs.2872

BULLISH PENNANT ON A FLAGPOLE.

$RIL #NIFTY #SENSEX #LARGECAP #stockstowatch

Imagine not being bullish on $RIL #Reliance https://www.livemint.com/companies/news/another-cheque-abu-dhabi-s-mubadala-buys-1-4-stake-in-reliance-retail-for-rs-6-247-5-cr-11601560391067.html">https://www.livemint.com/companies...

Another cheque: Abu Dhabi's Mubadala buys 1.4% stake in Reliance Retail for ₹6,247.5 cr

This marks the second significant investment by Mubadala in a Reliance Industries subsidiary after $1.2 bn investment in Jio Platforms announced earlier this year

https://www.livemint.com/companies/news/another-cheque-abu-dhabi-s-mubadala-buys-1-4-stake-in-reliance-retail-for-rs-6-247-5-cr-11601560391067.html

Imagine not being bullish on $RIL #Reliance https://timesofindia.indiatimes.com/business/india-business/silver-lakes-co-investors-to-put-additional-rs-1875-crore-in-reliance-retail/articleshow/78412849.cms">https://timesofindia.indiatimes.com/business/...

Silver Lake's co-investors to put additional Rs 1,875 crore in Reliance Retail - Times of India

India Business News: US-based private equity firm Silver Lake's co-investors will put an additional Rs 1,875 crore into Reliance Retail Ventures Limited (RRVL). RRVL is a

https://timesofindia.indiatimes.com/business/india-business/silver-lakes-co-investors-to-put-additional-rs-1875-crore-in-reliance-retail/articleshow/78412849.cms

Motabhai Mukesh saying FU to Papa Bezos. Further strengthening my forecast as I did in the article on top of this thread. Buy #Reliance https://twitter.com/businessline/status/1320576134497513473?s=19">https://twitter.com/businessl...

https://twitter.com/businessline/status/1320576134497513473?s=19

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