Reliance Industires close above 2130 would lead the market rally. Levels of 2300-2450 would be tested again. This should also lower the market volatility in the short term.
Can take positions if closes above 875. Good upto 980-1100 range.
ICICI is in a good range bound movement of 550-675-700. Break on either side would start a fresh trend.
DLF above 495 good for short term. Can look out for 540-600.
BHEL above 1640 looks good upto 1800.
Other stocks to watch out for short term are JP Associates for 185. Bank of India, JBF Industries, RPL above 178, Jyoti Structures above 118, RNRL seems to be in a consolidation phase. Should watch out for good movement and take action.
Cairn India has tested support can take positions and add more on dips. Very good for long term investors.
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