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Aug 22, 2012, 09.58 AM IST
Reliance Capital is an outperformer, says Sudarshan Sukhani of s2analytics.com. It is a much better chart. It’s just making a fairly bullish pattern and willing to breakout assuming that we go through one or two day choppiness and then resume the up move.
Reliance Capital is an outperformer, says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, " Orchid Chemicals - after yesterday’s big gap we will start thinking this is it, but I don’t think so. It needs much more work before we can get bullish. So the trade is still on the bearish side. Just be careful about it." He further added, "Reliance Capital is a much better chart. It’s just making a fairly bullish pattern and willing to breakout assuming that we go through a one or two days choppiness and then resume the up move, Reliance Capital should be one of the outperformer. Today could be a choppy market."
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