Future Retail may test Rs 92-93: Shardul Kulkarni

Shardul Kulkarni of Angel Broking told CNBC-TV18, "On the daily chart there is clearly momentum seen in Future Retail, the volumes are decent in the last couple of trading sessions and the current upmove can extend towards Rs 92-93 which is the recent peak."

"So from a very short-term perspective Rs 92-93 are possible wherein one should at least book some profits and move out of this counter, at least partial profit booking is definitely advised in Future Retail if someone has long positions," he said.

Disclosure: He owns Shree Renuka Sugars and has recommended the stock to his clients.