Book profits in RNRL: Sandeep Wagle, APTART Technical Advisory Services
Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, in a chat with ET Now talks about RNRL.
RNRL was a great buy four or five days back at a level of 66-66.50. We had recommended it that time but our target was 72-73. At this level of 74 nearing the resistance of 76-75.50 did not make sense specifically in the light of the fact that you have had an important judgement coming out.
Talking of a pair trade, I really do not see anything in Reliance. We had an intraday sell call but it is not weak where it will crack down Rs 30-40 also. So I will just let go off Reliance but RNRL we have advised booking profits.
Download ET Markets APP