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Technically Speaking

  • Vijay Bhambwani, technical analyst, on CNBC Awaaz expressed that he thinks Reliance Communications although is volatilen but still in a upward trend. He thinks that Reliance Communications has support at Rs. 585. He adds that in a year the stock can reach 4 figure mark. He thinks the invester should remain invested in the stock.
  • Hormuz Maloo, technical analyst with Geojit Financial Services, on NDTV Profit thinks that one should think of exiting Ramsarup Industries close to Rs 250 . He thinks the stock can still give a 10-15% return from the current level of Rs. 205.
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