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Tuesday, April 10, 2007

Anand Rathi - Daily Technical Note


Nifty and Sensex have exhibited a bullish candlestick.
Technically, one may use the level of 3745 (Nifty) and 12900 (Sensex) as the stop loss level.

Nifty faces resistance at 3900 and Sensex at 13400.

BSE Smallcap and BSE Midcap exhibited a bullish candlestick.
CNX IT has gained ground.

In the Punter's zone we have a BUY in KTK BANK , CROMPTON GREAVES & SELL in TATA STEEL.
In the Technical call section, we have a BUY in KOTAK BANK , BHARTI AIRTEL & BOMBAY DYEING.

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