BOMBAY DYEING

520 levels is a stiff resistance falling in a downward channel looks to be on that small channel support expect power by this script only above 520+ levels.
cheers

RELIANCE

eversince reliance made double top its falling steeply in the shown downword channel
no buying only above 975 else short with a sl of 975 its weak below 975 falling like cards

NIFTY FIB RETRACEMENTS

nifty 21st july

once double top downside was done nifty bounced almost vertical from 2920+ levels
backed by solid world markets and same was followed by indian markets.Todays rise was too much to neglect it usually a large move like this will not end in a day expect more upside in coming days crossing 3200 will mean change of trend as of now 3000 acts like a big pshycological support crossing 3045 will be good for intraday bulls also we have bounced much aboove 38.2% fib retracement thats also a good sign,trade accordingly a good thing that was seen today was that banks showed much needed support many banks closed with smart gains.
cheers