Anand Rathi - Daily Technical Note

Nifty and Sensex have exhibited a bullish candlestick.

Technically, one may use the level of 3575 (Nifty) and 12400 (Sensex) as the stop loss level.

Nifty faces resistance at 3750 and Sensex at 12800.

BSE Smallcap exhibited a bearish candlestick and BSE Midcap exhibited near doji candlesticks.

CNX IT has gained ground.

In the Punter's zone we have a BUY in Rel Comm , Praj Ind & SELL in ONGC.

In the Technical call section, we have a BUY in Bajaj Auto , A.C.C.& SELL in Satyam Computers.

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