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Trading Strategy for 5th November 1999

Sensex: The level of 4468 is a trend decider, on upper side it can flare up to 4519 or up to 4552. On downside it can slide to 4435 level.

Nifty: The level of 1330 is a trend decider, on upper side it can flare up to 1346 or up to 1356. On downside it can slide to 1320.

ITC: The level of Rs 684 is a trend decider, on upper side it can flare up to Rs 695 or up to Rs 706. On downside it can slide to Rs 673.

Ranbaxy: Buy with stoploss of Rs 890, on upper side it can flare up to Rs 927, Rs 955. On downside it can slide to Rs 870.

Satyam: The level of Rs 1,459 & Rs 1,439 are support levels. On upper side it can flare up to Rs 1,531 or up to Rs 1554.

NIIT: The level of Rs 2,396 is a trend decider, on upper side it can flare up to Rs 2,502 or up to Rs 2,580, If it crosses Rs 2,449. On downside it can slide to Rs 2,320.

Silverline: Buy with stoploss of Rs 377, on upper side it can flare up to Rs 391 or up to Rs 40. On downside it can slide to Rs 367.

Global Tele: The level of Rs 519 is a trend decider, on upper side it can flare up to Rs 532 or up to Rs 548. On downside it can slide to Rs 503.

Himachal Fut: The level of Rs 314 is a trend decider, on upper side it can flare up to Rs 325 or up to Rs 336. On downside it can slide to Rs 303.

L&T: The level of Rs 391 is a trend decider, on upper side it can flare up to Rs 401 or up to Rs 408. On downside it can slide to Rs 384.

Zee Tele: Once it crosses Rs 4,315, it can flare up to Rs 4,478 or up to Rs 4,567. On downside it can slide to Rs 4,152, if it breaks Rs 4226.

Infosys: The level of Rs 7,561 is a trend decider, on upper side it can flare up to Rs 7,672 or up to Rs 7,700.

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