Expect Reliance to have good support around Rs 875-880: Avinnash Gorakssakar, Miintdirect.com

In a chat with ET Now, Avinnash Gorakssakar, Head of Research, Miintdirect.com, shares his views on RIL:

ET Now: What is your call on Reliance Industries?

Avinnash Gorakssakar: Reliance Industries declared very good numbers, in fact, much better than market expectations. During this next six to eight months, one would like to know what is the kind of visibility on the gas business.

In terms of both GRMs and petrochem margins, there is a chance that there could be some upside to the stock.

The earnings per share would get boosted and Reliance definitely has a very solid support around Rs 875-880.