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Trading Strategy for 6th October 1999

Sensex: The level of 4681 is a trend decider, on upper side it can flare up to 4730 or up to 4755 level. On downside if breaks 4681 then it can slide to 4656 level.

Nifty: The level of 1376 is a trend decider, on upper side it can flare up to 1393 or up to 1401 level. On downside it can slide to 1368 level.

Reliance: Buy with stoploss of Rs 236, on upper side it can flare up to Rs 244 or up to Rs 248 level. On downside it can slide to Rs 232 level. Buy on every decline.

Baja Auto: Buy with stoploss of Rs 451, on upper side it can flare up to Rs 468 or up to Rs 476 level. On downside it can slide to Rs 443 level.

Satyam: Buy with stoploss of Rs 1175, on upper side it can flare up to Rs 1230 or up to Rs 1260 level. On downside it can slide to Rs 1145 level.

Silverline: The level of Rs 375 is a trend decider, on upper side it can flare up to Rs 385 or up to Rs 390 level. On downside if it breaks Rs 375 level then it can slide to Rs 370 level.

Global Tele: The level of Rs 511, on upper side it can flare up to Rs 543 or up to Rs 562 level. On downside it can slide to Rs 492 level.

Gramaphone: On upper side it can flare up to Rs 513 or expect upper freeze too. Previously also, I had mentioned to buy this stock on every decline...buy this stock it will very soon touch 800 mark

NIIT: The level of Rs 2667 is a trend decider, on upper side it can flare to Rs 2710 or up to Rs 2754 level. On downside it can slide to Rs 2625 or to Rs 2584 level. Worst is over for this scrip.

SBI: Buy with stoploss of Rs 212, on upper side it can flare up to Rs 217 or up to Rs 220 level. On downside it can slide to Rs 209 level.

L&T: Buy with stoploss of Rs 371, on upper side it can flare up to Rs 381 or up to Rs 387 level. On downside it can slide up to Rs 365 level.

Zee Tele: The level of Rs 4497 is a trend decider, on upper side it can flare up to Rs 4613 or up to Rs 4678 level.

HCL-HP: Buy with stoploss of Rs 486, on upper side it can flare up to Rs 507 or up to Rs 518 level. On downside it can slide to Rs 475 level.

Sterlite: The level of Rs 427, on upper side it can flare up to Rs 439 or up to Rs 446 level. On downside it can slide to Rs 420 level.

Ranbaxy: The level of Rs 1002 is a trend decider, on upper side it can flare up to Rs 1024 or up to Rs 1038 level. On the dowside it can slide up to Rs 988 level.

Torrent Pharma: The level of Rs 486, on upper side it can flare up to Rs 519 or up to Rs 538 level. On downside it can slide to Rs 467 level.

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