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Trading Strategy for November 11, 1999

Sensex: The level of 4610 is a trend decider, on upper side it can flare up to 4660 or up to 4698 level. On downside it can slide to 4572 or to 4522. Index will have to close above 4700 level for three consecutive days then only think of real Teji.

SBI: The level of Rs 239, on upper side it can flare up to Rs 243 or up to Rs 246 level. On downside it can slide to Rs 236 or to Rs 232.

ACC: The level of Rs 206 is a trend decider, on upper side scrip can flare up to Rs 219 if it crosses Rs 212.50. On downside it can slide to Rs 201 or to Rs 196. Sell on every rise.

Ranbaxy: The level of Rs 955 is a trend decider, on upper side it can flare up to Rs 1,000 if it crosses Rs 977. On downside if it breaks Rs 955 then expect a free fall to Rs 927.

Digital Equip: The level of Rs 672 is a trend decider, on upper side it can flare up to Rs 706 or up to Rs 734. On downside it can slide to Rs 644.

L&T: The level of Rs 421 is a trend decider, on upper side it can flare up to Rs 431 or up to Rs 441. On downside it can slide to Rs 411 level. Buy on every decline.

Satyam: The level of Rs 1,509 is a trend decider, on upper side it can flare up to Rs 1,570 if it crosses Rs 1,539. If it breaks Rs 1,509 level then it can slide to Rs 1,489 or to Rs 1,470.

Silverline: Buy with stoploss of Rs 459 level, on upper side it can flare up to Rs 489 or up to Rs 498 if it crosses Rs 474. On downside it can slide to Rs 440 level. Corrective rally, be cautious.

Pentafour: The level of Rs 697 is a trend decider, on upper side it can flare up to Rs 718 or up to Rs 740. Below Rs 697 it can slide to Rs 675.

Zee Tele: The level of Rs 4,414 is a trend decider, on upper side it can flare up to Rs 4,460 or up to Rs 4,507. On downside it can slide to Rs 4,361 or to Rs 4,308. Below Rs 4,308 expect free fall.

Siemens: Buy with stoploss of Rs 460, on upper side it can flare up to Rs 485 or up to Rs 497. Buy on every decline.

Infosys: Once it crosses Rs 8,005, it will try to kiss Rs 8,071 or Rs 8,138 is also possible. On downside it can slide to Rs 7,860 if it breaks Rs 7,931.

NIIT: The level of Rs 2,413 is a trend decider, on upper side it can flare up to Rs 2476 or up to Rs 2,513. On downside it can slide to Rs 2376.

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