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Wednesday, June 13, 2007

Anand Rathi - Daily Technical Note


Nifty and Sensex have exhibited a bullish candlestick.

Technically, one may use the level of 4100 (Nifty) and 13900 (Sensex) as the stop loss level.

Nifty faces resistance at 4210 and Sensex at 14250.

BSE Small cap and BSE Midcap also exhibited bearish candlesticks.

CNX IT has lost ground.

In the Punter's zone we have a Sell Parsvnath.

In the Technical call section, we have a Sell in ICICI Bank, Ibrealest and Ivrclinfra.

Anand Rathi - Daily Technicals