Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "Reliance Industries has been a buy ever since that big break out happened on the February 22. Now I think for somebody who wants to enter a fresh the areas would be around Rs 1,230-1,220, so any declines to those levels would be good buying opportunity.""On the longer term charts, I think the pattern looks fantastic, I think I would even go to the extent of saying that most of the broking houses who have a target of around Rs 1,500-1,600 will be surprised on the upside," he added. Disclosure: Reliance Industries owns Network 18 that publishes Moneycontrol.com.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
