Reliance can touch Rs 2250: Mohindar

Rahul Mohindar of Viratechindia is of the view that Reliance Industries can show levels of about Rs 2250 if the short term trend continues to be.

Mohindar told CNBC-TV18, "Reliance would possibly lead the pack, the stocks like Reliance,ONGC, ITC; these are the 3 heavy weights on the Nifty in fact some good headroom and even capital goods look pretty good, Reliance can show levels of about Rs 2250 if the short term trend continues to be. One should clearly hold on to long positions and at best I would say a Rs 40 to Rs 50 worth of a pullback if at all would come in if we have some negative cues in the morning tomorrow but all in all I would rate it as a hold."