Can sell RIL: Vinith Jain, Siddh Capital

Vinith Jain, Director, Siddh Capital, in a chat with ET Now talks about RIL.

RIL is 2% up at 1084. Can it make a move ahead?

Reliance has been facing a resistance at 1095 levels for quite sometime. In the last three months, the stock has reversed from the same level almost three times now and right now almost at the same level. So you can expect the stock to be reversed back. There is a key support at 1010. So I believe we will go back to test that level and one could sell the stock here. It might not hold onto the current gains today.