Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1,771,066.59 Crore) operating in Diversified sector.Reliance Industries Ltd. key Products/Revenue Segments include Petrochemicals, Oil & Gas, Income From Financial Services, Other Services, Others and Income from Retailing for the year ending 31-Mar-2022.
Quick Check
Open
2,589.00
TTM EPS
98.09
Previous Close
2,579.10
TTM PE
26.69
Volume
33,91,988
P/B
1.97
Value (Lacs)
88,788.68
Face Value
10
VWAP
2,605.35
Mkt Cap (Rs. Cr.)
17,70,984
Beta
1.07
Dividend Yield
0.31
High
2,624.90
20D Avg Volume
0
Low
2,582.10
20D Avg Delivery(%)
—
UC Limit
2,837.00
Sector PE
23.16
LC Limit
2,321.20
Book Value Per Share
1,329.57
52 Week High
2,856.15
52 Week Low
2,180.00
Technical Outlook
The counter is trading on a “Verge Of Consolidation Break-Out” of its Broad On-going Consolidation between 2350 & 2650 Since mid-June 2022
The volume and Open Interest Study suggest the counter has immediate decent support at around 2500 levels.
On the higher-end the counter sustaining above 2500 holds “Range to Positive” outlook for higher first 2700 and major interim 2800 levels in short to mid-term.
Counter
RIL LTP 2617
Call
BUY-ON-DIP towards 2590-2560
Target 1
2700
Target 2
2780
Stop Loss
2500
Time Horizon
1 to 3 weeks
Notes
Exit can be considered if counter trades below stop-loss for 60 minutes
JSW Steel Ltd., incorporated in the year 1994, is a Large Cap company operating in Metals – Ferrous sector. JSW Steel Ltd. key Products/Revenue Segments include Hot Rolled Coils/Plates/Sheets, Rolled Product, Coils (Cold Rolled), Coils & Sheets (Galvanised), Iron Ore, Billets & Blooms, Others, Other Operating Revenue, M S/S S Slabs for the year ending 31-Mar-2022.
Quick Check
Open
722.00
TTM EPS
31.36
Previous Close
725.95
TTM PE
23.16
Volume
14,66,688
P/B
2.57
Value (Lacs)
10,651.09
Face Value
1
VWAP
725.45
Mkt Cap (Rs. Cr.)
1,75,538
Beta
1.22
Dividend Yield
2.39
High
728.60
20D Avg Volume
2326810
Low
720.10
20D Avg Delivery(%)
21.45
UC Limit
798.50
Sector PE
5.58
LC Limit
653.40
Book Value Per Share
283.28
52 Week High
790.00
52 Week Low
520.05
Technical Outlook
The counter gave a consolidation breakout above 700 & re-testes supports last week.
The counter gave Six Months Highest weekly closing last week above 730 indicating bias “Range to Positive” in short-term
Bias remains “Buy-On-Dip” towards 700-680 levels maintaining strict stop below 670 levels on close.
Price, Volume, OI and Oscillators indicating Positive bias above 700 levels for higher potential 750 and best case 790 levels in next 2-3 weeks.
Counter
JSWSTEEL LTP 726
Call
BUY-ON-DIP towards 710-690
Target 1
750
Target 2
790
Stop Loss
670
Time Horizon
1 to 3 weeks
Notes
Exit can be considered if counter trades below stop-loss for 60 minutes
