Nifty and Sensex have exhibited a bullish candlestick.
Technically, one may use the level of 4155 (Nifty) and 14140 (Sensex) as the stop loss level.
Nifty faces resistance at 4280 and Sensex at 14500.
Nifty Range 4170 to 4280.
BSE Smallcap and BSE Midcap also exhibited bullish candlesticks.
CNX IT has closed flat.
In the Punter's zone we have a Buy in Cairns & India cement and Sell in Tata Steel.
In the Technical call section, we have a Buy in M&M, IVRCL & InfosysTCH.
Anand Rathi - Daily Technicals - Jun 20 2007