Red across the globe, China an exception!

Red all over, the ADRs in red except ICICI. The Nifty likely to open below 4141 level and may test 4087 level. The stocks, except RIL, have become weak and RIL may not lead the rally as the skepticism spread over the streets. The frontline stocks may face sell off if Nifty fail to bounce back above 4111-4115 level after touching 4089-87. The mid-caps are sliding steep even there was some relief rally came late in the evening.
The RIL- 1693-91 support, resistance at 1713-15, RCOM weak below 501-503 and Bharti weak below 821. Tata steel has support at 589-91. Zeel good for delivery at 271.