Reliance has support at Rs 1060-1020: Bose

Published on Fri, Oct 24, 2008 at 14:59 |  Source : CNBC-TV18

Updated at Fri, Oct 24, 2008 at 15:01  

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Technical Analyst, Rajat K Bose is of the view that Reliance Industries has support at Rs 1060-1020.

Bose told CNBC-TV18, "Even Reliance Industries were to fall below Rs 1,100, as of now that is the intraday low, then you can even see it going up say about another 40 points or it can even test Rs 1,115 because Rs 1,060 to about Rs 1,020 is a good support area but again as I say these days talking about good support zone doesn't mean much. After Rs 1,100 gets broken one would be watching for Rs 1,060 and Rs 1,050."

  

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