Reliance breaking down from a Diamond Pattern. Downside Target 1200-1150. Upside resistance in any recovery 1340, Pattern negated above this level.
Divergence is seen in Axibank weekly charts with prices forming higher highs and indicators Oscillators forming lower highs indicating potential topping out. break below 760 could trigger fall to 700. upside resistance at 800-820 in recoveries.
ICICIBank could potentially form a double top at 440. breakdown level below 410 for a target of 380 in the short term.