Reliance and Future group deal, a turnaround for future group stocks and price target?

Reliance Retail will be robust now with fewer competitors in the country.we know the future group already a big brand due to financial problems, the COVID crisis, the stock came down. But nothing wrong in Future group stocks. After this deal, if the company manages to reduce internal expenses at the same time can expand more branches, it will be very beneficial for both companies.

As per the question is concerned reliance already near 52 weeks high last month also. It can go higher slowly.

Future group stocks are also beaten down badly due to the financial crisis. It will be challenging to regain its previous high. Buy on dips can be done up to Rs 300/- for a target of 750/- with positional Stoploss 85 around in FRL, and FLFL, it can move to 400 plus sooner or later with a positional Stoploss 96 around.