'Avoid RNRL, Reliance Power'

In a chat with ET Now, Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, talks about the outlook of RNRL, Reliance Power and Reliance Communications.

What would you do with RNRL, Reliance Power and Reliance Communications?

On the day of the event at a level of around Rs 47, I had recommended an exit out of RNRL and I am not liking any of these stocks be it Reliance Power or RNRL. I would not recommend an entry because these stocks are falling. Definitely, they should be avoided and to be honest, even Reliance is not showing that strength, though I am not bearish on Reliance at this point of time but best avoid it at this point of time.