RCap, RPower: Light at the end of the tunnel for ADAG stks? What charts say

Reliance Infrastructure has decisively crossed the 200-day moving average (DMA), as per the daily chart.

A number of Anil Ambani-led companies' stocks have been hitting their upper circuit limits or hovering around their upper price bands during the past few sessions. On Tuesday, too, the trend was no different. For instance, Reliance Power hit 5 per cent upper circuit limit of Rs 3.75 on the BSE, while Reliance Communications was locked at Rs 2.10 - the 10 per cent upper circuit limit.

Other group stocks such as Reliance Infrastructure was also hovering around its 10 per cent upper circuit band at Rs 27.50, whereas Reliance Capital was still at Rs 10.97, its 5 per