Asia positive, ADRs negative

The Nifty can open positive as the cues are positive but difficult to maintain at the 4286 level. So long it trades below 4281, it favors bears. The market may take breathe for a while to take a directional call as of now be with the fluctuating trend on either side. The RIL shall trade above 1748-1751, ONGC above 916-918 and SBI above 1341 to continue the up move. The ICICI started the south move and should not trade above 928.