RIL stock going towards 600-700 level

Some analysts predict that Reliane stock has preached the important level of 1400 and many investors holding this stok for a very long time. They are looking to come out of this stock at a comfort level. Growing panic in the market and given poor economic conditions across globe may push investors to sell stocks desperately. This may lead the stock reaching a shocking level of 600. It means bear market is yet to show its ugly face here and Nifty may well go below 2000 in next couple of months.