Stock Radar: RIL stock price took support above the 200-EMA on weekly charts; should you buy the dip?
- Posted on January 12, 2025
- By Business News Today
- 6 Views
Stock Radar: RIL stock price took support above the 200-EMA on weekly charts; should you buy the dip?
Reliance Industries Ltd (RIL) is under pressure after hitting record highs in July 2024. The stock is currently near the crucial support of the 200-week EMA. Experts suggest short-to-medium term traders consider buying the stock for a potential bounce back to Rs 1,300-1,400 levels.
