Nifty and Sensex have exhibited a bearish candlestick.
Technically, one may use the level of 4050 (Nifty) and 13850 (Sensex) as the stop loss level.
Nifty faces resistance at 4170 and Sensex at 14200.
BSE Smallcap and BSE Midcap also exhibited bearish candlesticks.
CNX IT has lost ground.
In the Punter's zone we have a Sell in Tata Steel , VSNL & J.P Associates.
In the Technical call section, we have a Sell in L&T , Bombay Dyeing and Titan Industries.
Anand Rathi - Daily Technicals - Jun 14 2007