Reliance shares dipped on profit booking but SEBI analyst Deepak Pal sees medium-term potential up to ₹1,500, with strong support at ₹1,330-1,350. The company is raising ₹18,000 crore, preparing a mega Jio IPO in 2026, and expanding into renewables and AI with Google and Meta. These catalysts, along with its high index weightage, give RIL strong growth visibility ahead.