Anand Rathi - Daily Technical Note

Nifty and Sensex have exhibited a bullish candlestick.

Technically, one may use the level of 3765 (Nifty) and 13000 (Sensex) as the stop loss level.

Nifty faces resistance at 3950 and Sensex at 13500.

BSE Smallcap and BSE Midcap exhibited bullish candlesticks.

CNX IT has gained ground.

In the Punter’s zone we have a BUY in MARUTI and INDIA CEMENT with a SELL in P.N.B.

In the Technical call section, we have a BUY in KOTAK BANK and SUN PHARMA with a SELL in S.B.I.

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