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Sell Reliance Industries; Bank of Baroda, DLF look weak: Prakash Gaba

Prakash Gaba of prakashgaba.com

September 22, 2017 / 14:41 IST

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Bank of Baroda certainly looks weak to me and we can see a down move to maybe levels closer to Rs 138 zones, keep stop loss above Rs 146."

"Reliance Industries is again a sell. Looks like the way it is heading down, it can slide down to levels closer to Rs 810-800 zones, keep stop loss above Rs 840."

"DLF is certainly looking weak. The way it has broken down with a gap, looks like it is heading to much lower levels, maybe Rs 165, that is not ruled out. It may take day or two for that but it is cracking and it is falling," he added.

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

first published: Sep 22, 2017 02:41 pm

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