Buy Reliance for Rs 1140-1150 target: Prakash Diwan

Reliance definitely is building up pretty smartly and any positive news flow could bring it beyond the Rs 1,150-1,140 range and percentage appreciation will also be much sharper.

In an interview with ET Now, Prakash Diwan, Head - Institutional Business, Networth Stock Broking, shares his views on the outlook of Reliance and HUL.

If you have to pick and choose for the next 15 days and the options are Reliance and HUL?

For the next 15 days, probably I would still choose Reliance because HUL is a story that probably can pan out in a longer timeframe than that. Reliance definitely is building up pretty smartly and any positive news flow could bring it beyond the Rs 1,150-1,140 range and percentage appreciation will also be much sharper.
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