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The Market Journey from 2008 to 2020
Exactly on this date, 12 years before (27th Oct 2008) NIFTY made the bottom low of 2253 (The biggest downtrend of 66% from the top out high of 6357 on 08 .01. 08 ) From the bottom, so far, made the highest high 12431 on 20. 01. 20 Since 2008 bottom, as of now appreciated 422% & peak return 452% NIFTY 2008-2020 whereas in the same period the best return is given by BAJAJFINANCE Peak Return 73500% and as of now return 46065% BAJFINANCE 2008-2020 and during this period another 121 stocks gave a return of 12 X to 196 X as on this date.
RELIANCE - after 108%, time has come to phase out
RELIANCE (1717) - From the March Bottom, as of this week, It gave a return of 108% within 3 months. This week high 1804.20, now the time has come to cool-off time being TOP OUT 1780--1810 expect to correct up to 1630--1600 and 1430--1400 *** In case, cross and close above 1780--1810 then the ULTIMATE UPSIDE TARGET 2320--2360