Sell Reliance Infra below Rs 460: Shardul Kulkarni

Sell Reliance Infra below Rs 460, says Shardul Kulkarni, Sr Technical Analyst of Angel Broking.

Kulkarni told CNBC-TV18, "Reliance Infra has given a good strong bounce back from the lows to the levels of Rs 490 where it faces immense resistance, thus considering the reversal pattern on Friday one can actually sell below the level of Rs 460 for a target of Rs 440 with a stop loss of Rs 475."