Tuesday 11 November 2008

RIL has support at Rs 1150: Gujral

Technical Analyst, Ashwani Gujral is of the view that Reliance Industries has support at Rs 1150.

Gujral told CNBC-TV18, "Again oil is coming down and the commodity cycle is weak. So Rs 1150 is now the next support for Reliance Industries. In case that gets taken out then Rs 930-940, the previous lows are likely to get tested."

Source: Moneycontrol

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