RELIANCE CAPITAL FUTURE:

IS TRADING @ 431,

PREVIOUS CLOSING WAS 438.80, TODAY'S HIGH STANDS @ 438.50,

IT HAS NOT GIVEN SHARP UPSIDE RALLY AS PER THE OPENING NOTE,

CURRENTLY IT IS TRADING @ 431 BELOW ITS NEGATIVE ZONE OF 435,

WE EXPECT IF IT CONTINUES TO TRADE BELOW 435, IT MAY SHOW 428-417 IN INTRADAY.