Gujral told CNBC-TV18, "Technology definitely has a lot of traction compared to the other sectors because it is trading at new highs. Tata Consultancy Services (TCS), Infosys, Wipro they are all expected to gain another 10% by the time results have come but Reliance has to push its weight and if it can get past Rs 1,100-1,120 then on Nifty 5,300 should get taken out. So next few days we need to watch Reliance and technology because these two sectors can push the market towards fresh highs."