post-comment
Comment
post-Abuse

Do you want to report this message as spam?

Book some profit in Reliance Capital: Gujral

20 May 09 01:02 PM
Money Control
fjrigjwwe9r1News:Details
Technical Analyst, Ashwani Gujral is of the view that book some profit in Reliance Capital.

Gujral told "Reliance Capital is at a point if you bought it around Rs 500-550, its time to take some profits off the table although it remains a high beta stock and if the market moves up it will keep moving up. But now I think it probably needs to consolidate it gains before moving up further. And that is what is going to happen in the next few days, all these private banks, largecap stocks, they will start moving sideways."

He further added, "So let them move sideways and build a fresh base before you reenter. The existing holders should take some money off."