Anand Rathi - Daily Technical Note

Nifty and Sensex have exhibited a bullish candlestick.

Technically, one may use the level of 3625 (Nifty) and 12590 (Sensex) as the stop loss level.

Nifty faces resistance at 3800 and Sensex at 13200.

BSE Smallcap and BSE Midcap exhibited a bullish candlestick.

CNX IT has gained ground.

In the Punter's zone we have a BUY in A.C.C. , IDBI & RELIANCE CAPITAL.

In the Technical call section, we have a BUY in GRASIM , IDFC & INDIA CEMENTS.

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Thanks Yash