Anand Rathi - Daily Technical Note

ifty and Sensex have exhibited a bullish candlestick.

Technically, one may use the level of 3675 (Nifty) and 12675 (Sensex) as the stop loss level.

Nifty faces resistance at 3820 and Sensex at 13000.

BSE Smallcap and BSE Midcap exhibited bullish candlesticks.

CNX IT has gained ground.

In the Punter's zone we have a BUY in RELIANCE CAPITAL and MIND TREE & SELL in JET AIRWAYS.

In the Technical call section, we have a BUY in RELIANCE INDUSTRIES & SELL in SOBHA , SHREE RENUKA SUGARS.

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