RIL has resistance at Rs 820: Murlidharan

Murlidharan told CNBC-TV18, “Reliance Industries, this momentum can go on till somewhere close to Rs 816 to Rs 820 but we are not really seeing beyond that and now before we started the day today the weighted average price at which this could be brought was Rs 726 but it is already I guess Rs 780. I feel this really will not be a time because the momentum as I said we might see good resistance at Rs 820. Buying it back close to Rs 730-740 would be another prudent idea.”