Buy Reliance Infra on every dip: Vishal Malkan

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Buy Reliance Infra on every dip: Vishal Malkan

Buy Reliance Infra on every dip, says Vishal Malkan, CMT, www.malkansview.com.

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Excerpts from Markets Midday on CNBC-TV18 Watch the full show » ALSO READ See previous views by Vishal Malkan See what other Experts & Brokerages are saying about Reliance Infra See messages about Reliance Infra

Buy Reliance Infra on every dip, says Vishal Malkan, CMT, www.malkansview.com .

Malkan told CNBC-TV18, "Reliance Infra is my favourite stock for the rally. I think there is lot of rumor on the stock - every dip is a buy and daily, weekly and monthly charts have turned positive. So gradually we should see levels around Rs 750 levels in a month and half time. So every dip is a buy in this stock."

He further added, "If JP Associate manages to cross around Rs 80 levels I think it has the potential to go around Rs 110."

Disclosures: I am holding Reliance Infra.