Reliance Capital has resistance at Rs 947: Gujral

Published on Wed, Nov 18, 2009 at 10:16 |  Source : CNBC-TV18

Updated at Wed, Nov 18, 2009 at 11:55  

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Ashwani Gujral, Technical Analyst

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Reliance Capital has resistance at Rs 947, says Technical Analyst, Ashwani Gujral .

Gujral told CNBC-TV18, "Reliance Capital is now moving in a broad kind of range of Rs 700 to about Rs 1,000. Immediately it's got support at Rs 845, resistance at Rs 947. But its extreme trade which works in Reliance Capital when the markets are down gets to that Rs 700-750 levels when you get that beta trade. I think Rs 950-1,000 is a place where you get out."

  

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