Grasim, RIL, GAIL may see some selling pressure: Agarwal

Aditya Agarwal of Way2Wealth is of the view that Grasim, Reliance, GAIL may see some selling pressure.

Agarwal told CNBC-TV18, “Grasim is one stock in which we are expecting some selling can be there in last day of trading. So, in Grasim we are making short positions. So, Grasim will be one trade in which short positions can be initiated at current levels and short positions can be carried for next series also as we have seen some short rollovers taking place in Grasim." He further added, "Some of the large cap stocks particularly like Reliance is one stock in which we are seeing some selling pressure so in Reliance also we can see some selling pressure in last half an hour trading. GAIL will be one counter in which we can see some selling pressure. So, these are couple of the counters in which we can see some selling pressure.”