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Friday, June 15, 2007

Anand Rathi - Daily Technical Note


Nifty and Sensex have exhibited a bullish candlestick.

Technically, one may use the level of 4100 (Nifty) and 13950 (Sensex) as the stop loss level.

Nifty faces resistance at 4210 and Sensex at 14350.

BSE Smallcap and BSE Midcap exhibited a bullish candlestick.

CNX IT has gained ground.

In the Punter's zone we have a BUY in Bata India , PNB and SELL in ICICI Bank.

In the Technical call section, we have a BUY in Mcdowell's , L&T and SELL in ACC.

Anand Rathi - Daily Technicals - Jun 15 2007