Read on Twitter
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
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/
#Reliance ain'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
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
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
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
