Reliance has been like Kumbhakarna..Sleeping off for a long while and now all awake. Recent results were spectacular and there is renewed interest in the stock now.
Let us look a little more closely.
Lagna Lord Jupiter in the 11th and second lord Saturn in second house itself. 9th lord Mercury is in the 11th. Powerful combinations indeed. Reliance is a natural wealth attractor.
Reliance is currently experiencing Rahu Dasa Sun Sub period.Sun is the significator of 2 and 11, two houses linked with wealth. This period shall be till December 25, 2015.So it is clear that Reliance will greatly increase in value this year.
Reliance should take off once Saturn becomes direct in the 11th house. This will coincide with Rahu entering Sun star later in the year. That will be a very fortunate period for Reliance.
Reliance is now an attractive investment stock for the medium term.
Looking at Technicals..
All in all, Reliance is now poised to help us make money in the market!