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Last Updated : Dec 23, 2016 10:11 AM IST | Source: CNBC-TV18

Reliance Communications can slide to Rs 34: Prakash Gaba

Prakash Gaba of is of the view that Reliance Communications can slide down to Rs 34.

Prakash Gaba of told CNBC-TV18, "Reliance Communications was looking up yesterday but today it looks like it is still down. I think it can slide down to levels closer to Rs 34 zones, have a stop loss of about Rs 36. I think that should be enough and may be we could see a slide on the stock."

At 10:07 hrs Reliance Communications was quoting at Rs 34.80, down Rs 1.05, or 2.93 percent. It has touched an intraday high of Rs 35.75 and an intraday low of Rs 34.60.

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First Published on Dec 23, 2016 10:10 am
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