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Trading Strategy for November 22, 1999

Sensex: The level of 4605 is a trend decider, on upper side it can flare up to 4633 or up to 4681 level. On the downside it can slide to 4557 or to 4530.

Nifty: The level of 1369 is a trend decider, on upper side it can flare up to 1376 or up to 1382. On the downside it can slide to 1357 and there after expect a free fall.

ITC: The level of Rs 773 is a trend decider, on upper side it can flare up to Rs 791 or up to Rs 814. On the downside it can slide to Rs 750.

HLL: The level of Rs 2,308 is a trend decider, on upper side it can flare up to Rs 2,341 level. On the downside it can slide to Rs 2,256 or expect a free fall to Rs 2,223.

M&M: The level of Rs 415 is a trend decider, on upper side it can flare up to Rs 423 or up to Rs 432. On the downside it can slide to Rs 406.

L&T: The level of Rs 414 is a trend decider, on upper side it can flare up to Rs 422 or up to Rs 429. On the downside it can slide to Rs 407.

NIIT: The level of Rs 2,553 is a trend decider, on upper side it can flare up to Rs 2,611 or up to Rs 2,667. On the downside it can slide to Rs 2,487.

Himachal Fut: The level of Rs 366 is a trend decider, on upper side it can flare up to Rs 380 or up to Rs 389. On the downside it can slide to Rs 357.

Satyam: The level of Rs 1,633 is a trend decider, on upper side it can flare up to Rs 1,651 or up to Rs 1,673. On the downside it can slide to Rs 1,611.

Pentafour: The level of Rs 666 is a trend decider, on upper side it can flare up to Rs 685 or up to Rs 704. On the downside it can slide to Rs 647.

Zee Tele: The level of Rs 5,223 is a trend decider, on upper side it can flare up to Rs 5,375 or up to Rs 5,414.

Infosys: The level of Rs 8,697 is a trend decider, on upper side it can flare up to Rs 8,774 or up to Rs 8,815. On the downside it can slide to Rs 8,614. For more details read weekly trading strategy.

Ranbaxy: The level of Rs 927 is a trend decider, on upper side it can flare up to Rs 938 or up to Rs 955. On the downside it can slide to Rs 910.

Global Tele: The level of Rs 497 is a trend decider, on upper side it can flare up to Rs 506 or up to Rs 518. On the downside it can slide to Rs 485.

KLG Syst: Buy above Rs 458 level only, on the downside it can slide to Rs 417 & there after expect a free fall. On upper side if it crosses Rs 458 it can flare up to Rs 470.

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