Reliance Capital can go upto Rs 290, says Rahul Mohindar, Director, viratechindia.com.
Mohindar told CNBC-TV18, "We might see Reliance Capital go upto about Rs 290 levels but it is a bit high risk because of the fact the kind of rally that we have seen over the last two weeks, that is the only little bit of a lingering situation. The long term trend has not changed on this, so it is clearly short term upside play what I am reading here."
He further added, "If you are really looking within ADAG - Reliance Communications could be an interesting punt. If you are really wanting to go aggressive I think that is where if you are looking for that 10-15% kind of pocket that might come in there with Rs 74 stop loss one could look at that."
