Why did Reliance fall today? | CA Rachana Ranade

"Reliance Industries recently announced hardly 18 days ago that it is going to demerge its Financial Services business into Reliance Strategic Investments"

"from when will this be available for trading till till today we don't know the exact date"

"Reliance industry is limited saw a correction today almost as I mentioned seven eight percent correction today based on three examples what do you feel whether there are chances that it will go up or not"

"I believe that because it's a fundamentally very strong stock if I'm already what I'm going to do Okay we saw almost an eight percent dip today if we if I see further some dip and if I see it at a good level normal Fibonacci levels favorite levels I want to do a Buy on dip strategy for Reliance"

"I said that the I I would really request everyone watch that as a homework go back to last Thursday's live stream... I have shown you a Nifty up flag being formed so basically it was more like an ascending triangle pattern so pin it basically what we call it parent being formed on Nifty and I said oh my God if that breaks the target will be around 20 200 or 20 300"

"is it going to give a tough competition for Bajaj Financial Services Limited on the exchange as well possible"

"I personally believe that overall Pharma space can be a good one in the coming few weeks or months"

"I can surely show you the technicals for Marks and Pharma"

"Infosys ADR was down almost 10 percent"

"I personally feel that yes be it good companies like Infosys or TCS not the the rebound or the recovery is not going to be far away I personally feel the recovery will start soon"

"my personal opinion if you are thinking about investing in stock market or maybe index funds no lump sum please it's the retirement fund it has to be kept well the focus should be on safety rather than returns"

"And that too it's on a weekly chart so yes ready it has already given a breakout uh it it as per technical analysis it has potential to go up further"