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Trading Strategy for Decmber 7, 1999

Sensex: The level of 4821 is a trend decider. On upper side it can flare up to 4860 or up to 4880. On the downside it can slide to 4800 level. For more details read weekly trading strategy.

Nifty: The level of 1435 is a trend decider. On upper side it can flare up to 1452 and there after it can flare up to 1462. On the downside it can slide to 1425.

ACC: Buy with stop loss of Rs 203. On upper side it can flare up to Rs 212 or up to Rs 217. It will have to close above Rs 214 level for three days then only expect a wild jump. If it breaks Rs 203 it can slide to Rs 198.

IPCL: Buy above 133 level only. On the downside it can slide to Rs 123 and there after expect a free fall.

M&M: The level of Rs 393 is a trend decider. On upper side it can flare up to Rs 407 or up to Rs 414. On the downside it can slide to Rs 378. If it is able to close above Rs 396 level for three consecutive days then expect a jump up to Rs 428 and consider this level as last major resistance.

Infosys: The level of Rs 9,440 is a trend decider. On upper side it can flare up to Rs 9,520 or up to Rs 9,565. On the downside it can slide up to Rs 9,395 or up to Rs 9,350.

NIIT: Buy with stop loss of Rs 2395. On upper side it can flare up to Rs 2,498 or up to Rs 2,550, if it is able to stay above Rs 2,446. On the downside it can slide to Rs 2,342.

Zee Tele: Buy with stop loss of Rs 693. On upper side it can flare up to Rs 711 or up to Rs 720. On the downside it can slide to Rs 685.

Ranbaxy: The level of Rs 1099 is a trend decider. On upper side it can flare up to Rs 1,118 and there after don't remain short. On the downside it can slide to Rs 1,073.

Satyam: The level of Rs 2,192 is a trend decider. On upper side it can flare up to Rs 2,242 and there after don't remain. On the downside it can slide to Rs 2,174 or to Rs 2,156. For more details read weekly trading strategy.

Pentafour: Buy with stop loss of Rs 934. On upper side it can flare up to Rs 966 or up to Rs 982. On the downside it can slide to Rs 918.

Silverline: The level of Rs 672 is a trend decider. On upper side it can flare up to Rs 692 and there after it can jump up to Rs 702.

Rolta: The level of Rs 221 is a trend decider. On upper side it can flare up to Rs 230 and there after don't remain short. On the downside it can slide to Rs 217.

Cadbury: Above Rs 822 it will become real darling scrip, upper target are Rs 850 or Rs 880. For today's trading buy with stop loss of Rs 812.

SBI: Above Rs 249 level it will favour bulls only. On upper side today it can flare up to Rs 257 or up to Rs 261.

MTNL: Buy with stop loss of Rs 202. On upper side it can flare up to Rs 211 or up to Rs 215. On the downside it can slide to Rs 198.

Cybertech: Buy with stop loss of Rs 680. On upper side it can flare up to Rs 725 or up to Rs 758.

Mastek: The level of Rs 3,338 is a trend decider. On upper side it can flare up to Rs 3,392 or up to Rs 3,446. On the downside it can slide to Rs 3,292 or Rs 3,246 is also possible.

Gramaphone: Above Rs 385 it will become rocket and expect a non stop rally up to Rs 425 or up to Rs 490.

Jain Studio: Above Rs 409 it will zoom up to Rs 498 or expect a jump up to Rs 586. Buy on every decline.

Global Tele: Buy with stop loss of Rs 760. On upper side it can flare up to Rs 785 or up to Rs 798.

Himachal Fut: The level of Rs 473 is a trend decider. On upper side it can flare up to Rs 488 or up to Rs 495 or up to Rs 506. Read weekly trading strategy

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