Reliance (cmp 1727) : 1689-1684 level to watch for short term.
Nifty :
Selling pressure in last minutes and failure to sustain above 4240 , intermediate downtrend confirmed.
Support : 4182- 4163
Resistance : 4215-4235- 4245
Bulls will have to close above 4255
Bears try to bring 4095.
Trade with strict stop loss on either side.
HLL , NTPC (164 -165 Big seller area ) , ABB , Siemens , Sail .
(Will they able to give strength ?)
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