Dec 11, 2008, 06.35 PM | Source: CNBC-TV18
Technical Analyst, Rajat K Bose is of the view that one can buy Reliance Natural Resources, RNRL on declines.
Bose told CNBC-TV18, "If one has to play the momentum boys then Reliance Natural Resources, RNRL today has moved up considerably. So, I would suggest buying it on some kind of a decline because there will be a decline after this kind of a rise and IFCI is another pretty liquid stock that one can look at. Even RPL if it stays above Rs 84 then RPL would also actually play a good gain.
Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the stocks/sectors discussed.