HomeNewsBusinessStocksBuy Reliance Infra, Wockhardt: Rakesh Bansal

Buy Reliance Infra, Wockhardt: Rakesh Bansal

Rakesh Bansal, Vice President at RK Global recommends buying Reliance Infra and Wockhardt.

November 30, 2015 / 15:03 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Rakesh Bansal, Vice President at RK Global told CNBC-TV18, "The entire Reliance Anil Dhirubhai Ambani Group (ADAG) is looking good. Among the ADAG pack, Reliance Infra is having the best technical structure. We have seen a big breakout. Reliance Infra is a strong buying candidate with a stop loss at Rs 427 for a target price of Rs 460.""One can buy Wockhardt. In today’s trading session, we are seeing breakout above Rs 1,645. I feel the stock can easily rally to levels of around Rs 1,732 on the upside in the next two to three days. Place a stop loss at Rs 1,605 on the downside," he said.

first published: Nov 30, 2015 03:03 pm

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!