The bears were just finding some reason or the other to pull the markets down and RIL, RNRL tussle outcome came at the right moment.
A close below 4430 right now, this market will be completely in bear grip and can move significantly down. This move will also make the test of 4700 levels look like a bull trap.
Resistance levels : 4508, 4550
Support levels : 4454, 4430, 4367
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