RIL AGM strategy: How to trade Reliance shares amid big-bang announcements by Mukesh Ambani? (opens original article in a new tab)

Reliance Industries holds its 49th AGM with investors awaiting updates on Jio IPO, retail expansion, and new energy progress, as shares have shown mixed performance on past AGM days.

• Reliance Industries holds its 49th AGM with focus on Jio Platforms IPO, retail expansion, and new energy progress
• RIL shares have fallen on AGM days in 4 of last 5 sessions, with mixed weekly performance post-AGM
• Morgan Stanley maintains 'Overweight' rating for RIL with 36% upside potential from current price
• Technical analysis suggests RIL shares are in consolidation phase with resistance at 1,370-1,375 level
• AGM will be streamed via Reliance's digital platforms and social media channels
• RIL shares closed at Rs 1,328.10 on NSE, down 0.35% on Thursday