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May 02, 2012, 07.09 PM IST

Sale Reliance Power on rise: Kunal Saraogi

Sale Reliance Power on rise, says Kunal Saraogi of Equityrush.

Bazaar at 08:00 am
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Kunal Saraogi , Equityrush
Sale Reliance Power on rise, says Kunal Saraogi of Equityrush.


Saraogi told CNBC-Awaaz, "One should sell Reliance Power on rally at Rs 110-112. Technically stock is looking weak on chart. We can see some down side in stock in coming days."


The company touched its 52-week high Rs 139.40 and 52-week low Rs 68.50 on 06 Mar, 2012 and 21 Dec, 2011, respectively.
Currently, it is trading -23.35% below its 52-week high and 55.99% above its 52-week low.


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Tags: Reliance power , Kunal Saraogi , Equityrush
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