MMB Relianceabout 2 hours ago
BULLISH(70%)
buy
[MMB RI] if Nirmala Bai, Narendra Modi and government is really wellwisher to Indian citizens and our great nation, they must rem...
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Market Impact Score
-100 Bearish+100 Bullish
AI Analysis
Taxation on financial transactions and capital gains is a recurring debate in India. While removal would be market-positive, it's a political decision. The Reliance target is a specific trading call.
Trading Insight
Short-term 'Strong buy' on Reliance with a target of Rs 1700 and a defined stoploss.
Key Evidence
- •Calls for removal of STT and Capital Gain Tax.
- •States this would benefit Indian citizens and the nation.
- •Gives a target for Reliance of Rs 1700 for the short term with a stoploss of Rs Strong buy.
- •Risk flag: Tax policy changes are uncertain
- •Risk flag: Reliance target is a personal opinion and may not materialize
Affected Stocks
RELIANCEReliance Industries
Positive
A short-term target of Rs 1700 with a 'Strong buy' recommendation is given.
People in this Story
N
N
Narendra Modi
mentioned in article
Prime Minister, whose government's policies on taxation are being discussed.
Sectors:pharma
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