Kulkarni told CNBC-TV18, "The move which is seen in Reliance Industries in today's trading session should actually be used to book profits and move out. The stock continues to move in a lower top-lower bottom cycle over the past 20-25 days and I think we have seen a strong bounce from the lower levels, however I think that it is best to move out, because stock has already hit the upper end of the channel pattern which it has been showing over the past month-month and a half. So I think it is best to book profits and move out. I expect Reliance to retest Rs 835 mark probably over the next two to three weeks."
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Reliance Industries may test Rs 825 in 2-3 weeks: Kulkarni
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Reliance Industries may test Rs 825 in 2-3 weeks: Kulkarni
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Reliance Industries may test Rs 825 in 2-3 weeks: Kulkarni
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