Need fresh perspective on Reliance Industries

I did some analysis of reliance stocks and found it to be a good buy. Wanted to share the same and get insights from others on my analysis and decision. Here is what I did- Check the price movement trend - noted that in the last years the price moves in a pattern - in the first half it increases and then from July it goes down. Which is what happen in 2024 too. So hoping that this trend would repeat Reason for the downfall - on searching online, I found that the main reason for the stock price to plunge is the retail inflation and the price rise. This erodes the profit margins of the company even though the company is generating good revenue. Value unlocking - looking at some of the development, I feel reliance is one company that is planning massive to enter into almost all verticals - entertainment, mobile service, fashion, oil, chemicals, power and almost everything else (except perhaps for pharmaceuticals). The initiatives they have taken makes me feel, it’s just a matter of time for such actions to bear fruit. Besides, reliance retain and Jio listing would serve as value unlocking. With these points, I have taken entry into the stock and want your opinion and thoughts on reliance, how high are you expecting it to soar and if you will take entry