May 03, 2013, 03.06 PM | Source: CNBC-TV18
Sudarshan Sukhani of s2analytics.com advised holding Reliance Communications. Even one should buy the stock on declines, he added.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
Sukhani told CNBC-TV18, “Hold on to Reliance Communications. I have been saying one should actually buy it. Every intraday correction in Reliance Communication is a buy. The rally which we have seen is the beginning of a bull market here. We don’t want to get out soon.”
At 14:45 hrs Reliance Communications was quoting at Rs 109.40, up Rs 4.35, or 4.14 percent. It has touched a 52-week high of Rs 111.85. It has touched an intraday high of Rs 111.85 and an intraday low of Rs 104.85. It was trading with volumes of 13,464,508 shares.
According to Ashwani Gujral of ashwanigujral.com,
"... the company incorporated a new subsidiary nam
Reliance Communications shares gained 3.6 percent