 Buy Reliance Industries: BhambwaniPublished on Tue, Nov 11, 2008 at 15:46 | Source : CNBC-TV18 Updated at Tue, Nov 11, 2008 at 17:03 183733 Investors following Reliance. Share this News with them.
Technical Analyst, Vijay Bhambwani is of the view that one can buy Reliance Industries at Rs 960-980. Bhambwani told CNBC-TV18, "The recent bottom that one saw in the triple-digits is not really a holy cow. It is a likely to be tested if not violated at least. So I would feel comfortable buying Reliance at Rs 960-980 band, but with a clear view that it could actually go down Rs 100 after I buy it and I would hold on and not sell it at that level."
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