2 Anil Ambani stocks you should add to your watchlist

The stocks associated with a promoter tend to respond sharply to news regarding them, with movements in the stock based on market sentiment. In our view, as technical analysts, the price already embeds all available information. Since 2023, following the correction, Anil Ambani's stocks have produced stunning returns. Plotted on the charts of Reliance Infrastructure and Reliance Power, both of which remain very strong, there is potential for further upward movement in the immediate future.