Reliance Communications may slip to Rs 84, says Rakesh Gandhi, Senior Technical Analyst at LKP.
Gandhi told CNBC-TV18, " JP Associates is showing some kind of weakness but it has not broken any significant level that could initiate a short in JP Associates but if it has been bought at a lower levels one should book profit at this point of time."
He further added, "Reliance Communications is showing more weakness at this point of time and if the stock trades below Rs 90 level it could see levels up to Rs 84 or even Rs 82 in a very short-term."
