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Reliance Industries looks good, like M&M: Prakash Gaba

Prakash Gaba of prakashgaba.com

May 29, 2017 / 14:35 IST

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I like two stocks. I will start with Reliance Industries. It still looks very good to me. The stock has seen a good upmove on Friday, Thursday was some kind of a base formation. It should continue to climb up to levels closer to around Rs 1,375-1,380 zones. Matter of a day or two going up. Keep stop loss below Rs 1,335."

"I also like Mahindra and Mahindra. That also is looking good. It has seen a good upmove and a good support in the vicinity of around Rs 1,335-1,340 zones. It is heading to levels again closer to around Rs 1,370," he added.

Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd

first published: May 29, 2017 02:24 pm

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