Keep Rs 66.75 stoploss in RNRL: Bose

Technical Analyst, Rajat K Bose is of the view that in RNRL one can keep a stoploss of Rs 66.75.

Bose told CNBC-TV18, "RNRL is actually trading above the crucial level of Rs 66. So if now one were to trade on the long side in the stock, then put a stoploss below Rs 65.75 and go long. But today how much of an extra move you would get as an intraday trader is doubtful. On the other hand if you were to look at Adlabs Films, another ADAG stock, here again for an aggressive trader the stoploss would be below Rs 374 and one can expect if something like Rs 384 is crossed, Rs 389 to Rs 393, so the liquid universe actually presents lots of opportunities today. In IDFC one can put a stoploss below Rs 98 and extend to Rs 104 or so."