1. The answer to this question can be understood in this context that blockbuster stocks like Infosys and reliance have given way and thus it makes sense to wait and let the market stabilise.
2. Infosys if falls below 1619 has the potential to touch the levels of Rs 1449-1399. Even reliance has given way to the down tend and has fallen below the levels of Rs 1999 which is a warning signal.
3. Thus if Reliance and Infosys are not able to sustain itself than it is highly unlikly that Indian stock market will be able to bear against the BEARISH assault on the market.
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