Reliance Industries can test Rs 800-810, says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, "Reliance would stop at Rs 770-780. At Rs 800 there should be at least a pause, so Rs 800-810 would be a reasonable target for anyone having a long position. That's a pause not necessarily a decline."
He further added, "We had two dramatic days of declines after those big rallies. This leg of the up move should be dominated by blue chips. The high-flyers of the midcaps are all going to see either corrections or a lot of choppiness. IVRCL as most of the other infra stocks are now short sells."
