Anand Rathi - Daily Technical Note

Nifty and Sensex have exhibited a narrow bullish candlestick.

Technically, one may use the level of 3750 (Nifty) and 12800 (Sensex) as the stop loss level.

Nifty faces resistance at 3900 and Sensex at 13400.

BSE Smallcap and BSE Midcap exhibited bullish candlesticks.

CNX IT has gained ground.

In the Punter's zone we have a BUY in Bajaj Hindustan and Mind Tree & SELL in Shree Renuka Sugar.

In the Technical call section, we have a BUY in Hind Lever and ITC & SELL in IDEA.

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