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Stay away from Reliance Industries: Sukhani

Published on Fri, Nov 14, 2008 at 14:04 |  Source : CNBC-TV18

Updated at Fri, Nov 14, 2008 at 14:41  

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Technical Analyst, Sudarshan Sukhani is of the opinion that traders should stay away from Reliance Industries .

Sukhani told CNBC-TV18, "Reliance does appear to be the most vulnerable stock. The stock has no support at all. The support in fact is so much lower that the stock can go for a free fall and still not find anything to hold on to. So it would not be a buying opportunity even on a dip or a crash, traders should stay away from it."

  

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