Anand Rathi - Daily Technical Note

Nifty and Sensex have exhibited a bullish candlestick.

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

Nifty faces resistance at 3820 and Sensex at 12825.

BSE Smallcap and BSE Midcap exhibited a candlestick with a small real body.

CNX IT has gained ground.

In the Punter's zone we have a BUY in Ranbaxy & Gujrat Ambuja with a SELL in S.B.I.

In the Technical call section, we have a BUY in M&M & Divi;s Lab with a SELL in TCS.

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