Reliance Industrial Infrastructure may hit Rs 700: Jai Bala

Jai Bala of cashthechaos.com told CNBC-TV18, "Reliance Industrial Infrastructure seems to be coming up with a very interesting setup in the short to medium-term. The stock is set to scale about Rs 700 in the short to medium-term.”

“We saw one of the smallcap infrastructure stocks Ramky Infrastructure breakout on October 30 – that has got terrific structural, it is set to scale about Rs 80 to Rs 85 from current levels. So interestingly I have two picks in the infrastructure space,” he said.