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Wednesday, February 21, 2007

Anand Rathi - Daily Technical Note


Nifty and Sensex have exhibited a bearish candlestick.
Technically, one may use the level of 4045 (Nifty) and 14100 (Sensex) as the stop loss level.

Nifty faces resistance at 4187 and Sensex at 14530.

BSE Smallcap and BSE Midcap exhibited bearish candle sticks.

CNX IT has exhibited a bearish candlestick.

In the Punter's zone we have a Buy in Bharti Shipyard , Aptech & IVRCL.
In the Technical call section, we have a Buy in CESC , ITC & HCL Tech.

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Thanks Yash