Buy RPL even at current levels

Technical Analyst, Sudarshan Sukhani is of the view that momentum trader can buy Reliance Petroleum even at current levels.

Sukhani told CNBC-TV18, “ In the short term RPL is going to breakout and if one is a momentum trader then he/she can buy even at current levels hoping to gain something from the momentum that’s just catching up. But if one is not a momentum trader then there is nothing in the stock, its range bound, the chances are it will remain range bound for years altogether.”