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October1, 1999
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Trading strategy for 30th September 1999
Sensex: The level of 4797 is a trend decider, on upper side it can flare up to 4830 or upto 4860 level. Nifty: The level of 1417 is a trend decider, on upper side it can flare up to 1428 or up to 1437 level. RIL: Buy with stoploss of Rs 237, on upper side it can flare up to Rs 247 or up to Rs 253 level. SBI: The level of Rs 214 is a trend decider, on upper side it can flare up to Rs 218 or upto Rs 222. On downside it can slide to Rs 210. Ranbaxy: Buy with stoploss of Rs 1089 level, on upper side it can flare up to Rs 1111 or up to Rs 1130 level. ITC: The level of Rs 847 is a trend decider, on upper side it can flare up to Rs 862 or up to Rs 880. On downside it can fall to Rs 830 level. Silverline: Buy with stoploss of Rs 370, on upper side it can flare up to Rs 382 or upto Rs 389 level. On downside it can slide to Rs 363 level. Buy on every decline. Gramaphone: Buy with stoploss of Rs 457 level. On upper side it can flare up to Rs 502 or expect a upper freeze. Buy on every decline, target Rs 1000 Fulford: Buy with stoploss of Rs 474 level, on upper side it can flare up to RS 496 or upto Rs 508 level. Its really a gold mine. Global Tele: The level of Rs 574 is trend decider, on upper side it can flare up to Rs 590 or it will try to touch Rs 604 level. Himacahl Tele: Buy above Rs 266. It will try to touch Rs 271 or go up to Rs 278 level. On downside it can slide to Rs 259 level. ICI: The best stock, on upper side it can flare up to Rs 209 or up to Rs 214 level. NIIT: The level of Rs 2,728 is a trend decider, on upper side it can flare up to Rs 2767 or up to Rs 2814 level.Buy ! In coming days it will try to touch 3200 to 3500 level. Infosys:The level of Rs 7325 is a trend decider, on upper side it can flare up to Rs 7510 or up to Rs 7685 level. Dr.Reddy: The level of Rs 1511 is a trend decider, on upper side it can flare up to Rs 1597 or up to Rs 1645 level. Apollo Tyre: Buy with stoploss of Rs 207, on upper side it can flare up to Rs 221 or it can touch Rs 228 level.
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