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Trading Strategy for Decmber 20, 1999

Sensex: The level of 4705 is a trend decider. On upper side it can flare up to 4737 or up to 4800. On the downside it can slide to 4643 or to 4610.

Nifty: The level of 1424 is a trend decider. On upper side it can flare up to 1434 or up to 1441 or expect a jump up to 1450. On the downside it can slide to 1410 and thereafter expect free fall to 1400.

Dabur: Buy with stop loss of Rs 1,204. On upper side it can flare up to 1268 or expect a jump up to Rs 1,300. Buy on every decline.

ICICI: The level of Rs 114 is a trend decider. On upper side it can flare up to Rs 122. Below Rs 108 it can slide to Rs 100.

Global Tele: The level of Rs 891 is a trend decider. On upper side it can flare up to Rs 932 or up to Rs 951. On the downside it can slide to Rs 866 and there after expect free fall.

Himachal Fut: Buy with stop loss of Rs 530. On upper side it can flare up to Rs 554 or up to Rs 566. For more details read weekly trading strategy.

Pentafour: The level of Rs 1,483 and Rs 1,468 are support levels. On upper side it can flare up to Rs 1,546 and there after expect a jump up to Rs 1,572 or up to Rs 1,598. Below Rs 1,468 it can slide to Rs 1,430.

Satyam: Scrip will have to cross Rs 1,970 level then only it will show its strength. On upper side it can flare up to Rs 2,015. If it trades below Rs 1,970 it can slide to Rs 1,885 and there after expect a free fall.

Silverline: The level of Rs 823 is a trend decider. On upper side it can flare up to Rs 845 or up to Rs 860 or up to Rs 875. On the downside it can slide to Rs 795.

Rolta: Buy with stop loss of Rs 326 and Rs 320. On upper side it can flare up to Rs 342 and there after expect upper freeze.

Zee Tele: Buy above Rs 952 only. After crossing this level it will try to kiss Rs 975 and there after it will touch Rs 1,010. On the downside it can slide to Rs 915.

Ranbaxy: Buy above Rs 960 level. On upper side after crossing Rs 960 it can flare up to Rs 986. On the downside it can slide to Rs 910 and there after expect a free fall.

Dr.Reddy: The level of Rs 1,430 is a trend decider. On upper side it can flare up to Rs 1,448 and there after expect jump up to Rs 1,480. On the downside it can slide to Rs 915 level.

Cipla: The level of Rs 1,486 is a trend decider. On upper side it can flare up to Rs 1,540 or up to Rs 1,590. On the downside it can slide to Rs 1,430.

Dig.Equip: Buy above Rs 786 is a trend decider. On upper side it can flare up to Rs 810 or up to Rs 830. On the downside it can slide to Rs 745 and there after don't remain long.

ACC: The level of Rs 230 is a trend decider. On upper side it can flare up to Rs 237 or up to Rs 245. Buy this stock on every decline.

Wockhardt: The level of Rs 956 is a trend decider. On upper side it can flare up to Rs 988 or up to Rs 1,015. On the downside it can slide up to Rs 930.

Grasim: Buy with stop loss of Rs 434 and Rs 425. On upper side it can flare up to Rs 453 or up to Rs 462.

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