Anand Rathi - Daily Technical Note

Nifty & Sensex exhibited a candlestick with a longer upper shadow.

Technically, one may use the level of 3550 (Nifty) and 12300 (Sensex) as the stop loss level.

Nifty faces resistance at 3780 and Sensex at 13100.

BSE Small Cap & BSE Midcap exhibited a bullish candlestick.

CNX IT has gained ground.

In the Punter's zone we have a Buy on Mcdowell's & Bombay Dyeing & Sell in Bata India.

In the Technical call section, we have a Buy on TCS & Titan Industries & Sell in Reliance Industries.

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