Reliance has support at Rs 1680: Bose
April 22nd, 2009
Technical Analyst, Rajat K Bose is of the view that Reliance Industries has support at Rs 1680.
Bose told CNBC-TV18, “For Reliance Industries Rs 1,680 is a crucial support area and it bounced back today from Rs 1,691 and
the other stocks also did pretty well.”
He further added, “I would say that it is because of the Reliance pack perhaps that Nifty is closing reasonably well above
3,320 and I would say that I am expecting even Reliance to bounce back just as I am expecting a bounce back tomorrow in the
Nifty.”