Shardul Kulkarni bullish on Reliance Infra

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Shardul Kulkarni bullish on Reliance Infra

Shardul Kulkarni of Angel Broking is bullish on Reliance Infra.

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Excerpts from Midcap Radar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Shardul Kulkarni See what other Experts & Brokerages are saying about Reliance Infra See messages about Reliance Infra

Shardul Kulkarni of Angel Broking is bullish on Reliance Infra .

Kulkarni told CNBC-TV18, "In case of Jaiprakash Associates , my view would be similar to that of DLF that is you should be booking profits because we still feel that the stock is in the midst of a base formation and there probably maybe one leg on the downside."

He further added, "However, in case of a selective ADAG counters, I would be bullish. I would be very bullish on Reliance Infra over the next 6-8 months. So, any dip in case of Reliance Infra and we feel that it's an excellent stock to buy and hold in your portfolio. The other ADAG stocks have not given that sort of a comfort. So, Reliance Capital , Reliance MediaWorks or the other ADAG stocks don't have that sort of a chart. I think Reliance Infra is the best amongst the ADAG pack."