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Wednesday, May 30, 2007

Anand Rathi - Technical Call


Nifty and Sensex have exhibited a bullish candlestick.

Technically, one may use the level of 4240 (Nifty) and 14300 (Sensex) as the stop loss level.

Nifty faces resistance at 4340 and Sensex at 14600.

BSE Smallcap and BSE Midcap exhibited a bullish candlestick.

CNX IT has gained ground.

In the Punter's zone we have a BUY in NDTV , Birla Corp & L&T.

In the Technical call section, we have a BUY in TV18 , Cadila & Reliance Industries.