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December 10, 1999
NEWS
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Trading Strategy for Decmber 10, 1999
Sensex: The level of 4817 is a trend decider. On upper side it can flare up to 4875 or up to 4905. On the downside it can slide to 4785 and there after expect a free fall to 4730. Nifty: The level of 1442 is a trend decider. On upper side it can flare up to 1456 or up to 1465. On the downside it can slide to 1433 and there after expect a free fall. Infosys: The level of Rs 9,861 and Rs 9,802 are support levels. On upper side it can flare up to Rs 10,083, if it crosses Rs 9,942. Satyam: The level of Rs 2,001 is a trend decider. On upper side it can flare up to Rs 2,042 or up to Rs 2,085. On the downside it can slide to Rs 1,977 or to Rs 1,955. Pentafour: The level of Rs 1,130 is trend decider. On upper side it can flare up to Rs 1,180, Rs 1,206 or up to Rs 1,244. Zee Tele: The level of Rs 732 is a trend decider. On upper side it can flare up to Rs 756 or up to Rs 771 level and there after don't remain short. On the downside it can slide to Rs 717. Global Tele: Buy with stop loss of Rs 853. On upper side it can flare up to Rs 896, Rs 918 or upper freeze is also possible. If it breaks Rs 853 then expect a fall to Rs 831. Himachal Fut: The level of 482 is a trend decider. On upper side it can flare up to Rs 500 or there after expect a jump up to Rs 510. On the downside it can slide to Rs 473. Rolta: Buy with stop loss of Rs 238. On upper side it can flare up to Rs 251 or up to Rs 258. If it breaks Rs 238 then it can slide to Rs 231. Silverline: Buy with stop loss of 677. On upper side it can flare up to Rs 718 or up to Rs 729 or Rs 740 is also possible. On the downside it can slide to Rs 656. Ranbaxy: The level of Rs 1,040 is a trend decider. On upper side it can flare up to Rs 1,065 or up to Rs 1,075. On the downside it can slide to Rs 1020 and there after expect a free fall! Jain Studio: Buy above or sell with stop loss of 477 level. On the downside it can slide to Rs 437 and there after expect a free fall. On upper side it can flare up to Rs 493. DSQ: Buy with stop loss of 564, consider this level as solid support. On upper side it can flare up to Rs 608 and there after it can flare up to Rs 630. ITC: Sell if revives. On upper side it can flare up to Rs 693 or Rs 700 is also possible. On the downside it can slide to Rs 678 and there after expect a vertical fall. Dig. Equip: Buy with stop loss of Rs 765. On upper side it can flare up to Rs 790 or Rs 802 is also possible. On the downside it can slide to Rs 752. SSI: Buy with stop loss of Rs 1,680. On upper side it can flare up to Rs 1,790 or up to Rs 1,845. Grab in the morning session itself. NIIT: The level of Rs 2,749 is a trend decider. On upper side it can flare up to Rs 2,810 and there after don't remain short. On the downside it can slide to Rs 2,711 or to Rs 2,675. Gramaphone: The level of Rs 448 is a trend decider. On upper side it can flare up to Rs 463 or expect upper freeze. On the downside it can slide to Rs 425. |
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