September 7, 2015

No returns in RELIANCE in 8 years

If you had invested in RELIANCE in 2007, you would  have earned nothing to date except dividends.

In this chart, the vertical line represents the midpoint of 2007 and the horizontal line shows the opening price for that month.

Today we are below that horizontal line... almost 10%.

Who would have earned money?

Only the very clever option writers. Min 200% return in this period (assuming writing premium at 2% pm).

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