Reliance, TCS & Infosys Face Weak Structure; Key Levels To Watch For Market Recovery

Reliance Industries, TCS and Infosys remain under pressure as their technical structures show signs of weakness. The market is struggling to gain momentum without support from Reliance, Bank Nifty and the I.T. index. Chandan Taparia, Head Derivatives & Technical, Wealth Management, Motilal Oswal Financial Services, shares his technical view on these counters. Reliance has failed to cross ₹1,333, with ₹1,250 now acting as a hurdle and ₹1,180 emerging as a downside level. TCS and Infosys are also witnessing lower tops and lower bottoms, with ₹2,000 and ₹1,980 levels being watched. Continued weakness could impact the broader market recovery.