look at chart.
we have reached very close to supports in rsi(5) and on trendlines. we must bounce from here to maintain upmove.
decisive close below 15200 can give deeper correction.
similar level in nifty comes around 4500.
those who have bought puts can plan to book profits around this support zone. if we brek below trend line then we can buy again.
oil marketing companies like IOC/HPCL AND BPCL has shown very good strength in todays lackluster market.
these 3 cos will get 10% share in OIL INDIA ipo at issue price.
