Dec 12, 2008, 04.30 PM | Source: CNBC-TV18
Technical Analyst, Rajat K Bose is of the view that above Rs 1280, Reliance Industries can touch Rs 1340-1350.
Bose told CNBC-TV18, "Reliance has come a long way. In fact, it has even crossed Rs 1280 and the way it has actually bounced back today is a cause for cheer. I would say that if tomorrow one find it staying above Rs 1280, then the next target would be something like Rs 1340 to Rs 1350. In fact if one look at the whole Reliance pack, irrespective of which brotherís company it is, they are actually suggesting that they can actually move up much further from here."
Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the stocks/sectors discussed.
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