Sell Reliance Capital: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.in in an interview with ET Now gives his perspective on Reliance Capital.

What about Reliance Power and you have a sell call on Reliance Capital?

Reliance Capital it has been struggling a bit and during days when the market is falling which the market was doing a little bit earlier and may again do because of the global markets you do need to have one or two short sales to look at for short term trading and this is a fairly good candidate not participated much in this rally.

Its up today but not very much and it doesn’t look like it would certainly shoot up and give a big loss on the short trade so this is a particular reason for going for this.