Nifty Futures for 18 june
Nifty faced the resistance close to the higher level of 5300 today. It was overall the range bound movement with negative bias. Now technically still we are expecting that Nifty future is looking strong due to overall holdings of the support levels. One could expect some more upside close to the levels of 5335 to 5350 in near term. In the downside the intraday support seems to be around the levels of 5200 to 5205. Nifty Tips for traders is that they could focus on both side if it break 5300 that they could initiate long in it for the target of 5350 & if it does not break 5300 so they could go for sell on rise in it for the targets of 5210 to 5215 in near term.RIL aims to double enterprise values in 10yrs
MUMBAI: Reliance Industries aspires to double its enterprise value and transform itself into an over Rs five-lakh-crore company in the next decade, its Chairman Mukesh Ambani said today.
"I feel hopeful and confident that Reliance can accomplish value-creation of a similar magnitude in less than a decade," Ambani said, pointing out that it took three decades for Reliance to create an enterprise value of USD 80- billion or over Rs 3,70,000-crore.
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