The ADRs are in green but both sides momentum buying and selling expected at this juncture.
The RIL has resistance at 2315 and will become strong above 2325. The weakness will put
pressure below 2285 and can see a steep fall below 2271-2270 level.
The RPL is strong above 171 and weak below 169. The RCOM is strong above 451-53 level, can touch 475 level if it can trade above 456 level and will become weak below 441 level.
The JP is good above 189 and weak below 181 level. The DLF is getting resistance at 556-559 level.
The Rel cap is weak below 1393 and good above 1420 level. The SBI is good above 1575 level. The ICICI is good above 721 and weak below 708 level.
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