RPL has critical support at Rs 189-190

Rahul Mohindar of viratechindia.com is of the view that Reliance Petroleum, RPL has critical support at Rs 189-190.

Mohindar told CNBC-TV18, "RPL had a fairly good correction. The thing we have got to keep in mind is Rs 189-190 is a very big, critical support. If we break that level, you are possibly looking at a lot more downside. So, it is really level specific story here. I think you need to clearly wait for these breakouts to come in."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the stocks/sectors that have been spoken about.

Source: Moneycontrol.com