Buy Reliance Communication :Reliance Comm likely to remain outperformer
Technical Analyst, Sudarshan Sukhani is of the view that Reliance Communications is likely to remain outperformer. Bharti has been showing a consolidation pattern and it is going to breakout on the upside as the momentum for the broad market remains up.
Sukhani told CNBC-TV18, “Bharti has been showing a consolidation pattern and I think it is going to breakout on the upside as the momentum for the broad market remains up. But between Bharti and Rel Com, Rel Com is likely to remain the outperformer.”
