Stocks on major trend reversal may have mild relief rally if certain supports hold.

Stocks have broken major trendlines and the correction or the downtrend will be deeper that the ones experienced during this last one year upmove. Do not get deceived by any rallies. Sell into 3- 4 days old rallies.

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Few Stocks View

Icici Bank, Tata Steel, Maruti have closed above their "Day High Ema"
suggesting upward momentum in them.
Other stocks are holding their supports.
A move past 2185 will propell SBI higher.
RIL has closed below its low ema and it must protect
1065-1070 zone for a reversal from here.

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Tata Motors, Maruti & Tata Steel.

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