Buy Reliance Infra, target Rs 575: Gaurav Bissa

Gaurav Bissa, Derivatives Analyst, LKP Securities is positive on Reliance Infrastructure. The expert has advised traders to buy the stock with a target of Rs 575 and maintain a stop loss at Rs 540 in intra-day trade. The stock has touched a high of Rs 554.50 and low of Rs 545.00 so far in trade. The scrip is moving above its crucial moving averages. The scrip has taken support from its 50-day moving average.