The key trigger to watch out is Reliance AGM and see if there are specific announcements related to its oil-to-chemicals business, says Sushil Choksey of Indus Equity Advisors. Edited excerpts from an interview: What do you make of the big up move in Reliance shares in a matter of two days? What did we miss out over there? RIL share prices peaked out around September-October and was underperforming. Within 14,300 to the current range, Nifty might have moved 2-3 times but Reliance kept sliding from the peak by almost Rs 350. Now look at the triggers for the stock. Its petrochemical business is a play on the consumption story in India. O2C business is also a play on the consumer side. Globally, fuel demand is on the rise and refineries in the US are facing disruption.