Reliance Capital may test Rs 410-415: Amit Gupta

Amit Gupta, Head- Derivatives at ICICI Direct told CNBC-TV18, "Anil Dhirubhai Ambani Group (ADAG) stocks are in a good move right now. Even if the market comes down, we are seeing good run up in the stocks."

"Reliance Capital recently had seen a profit booking from around Rs 370 to Rs 340, but from Rs 340 onwards consistently (from 7,000 to 9,000 contracts) almost 2,000 contracts have been added. I think these are more on the long side and now it has taken out Rs 370 level. So, on the higher side Rs 410-415 levels can also be achieved. One can keep a stop loss around Rs 367 and remain positive in the stock," Gupta said.