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Money > Stocks > Technicals > Daily Technicals August 24, 2000 |
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Trading Strategy for August 25, 2000Sensex: The Sensex failed to cross its immediate resistance of 4500 points and has a minor support at 4420 points. The push to the sensex could again come from technology stocks. Satyam: The stock has closed above a major barrier of Rs 580. Next major resistance for the stock lies at Rs 680. On the lower side, it has an immediate support at Rs 550. Himachal: The stock has crossed its intra-day resistance of Rs 1570. The stock has a minor resistance at Rs 1600 level and thereafter the last barrier exists at Rs 1630. DSQ Software: The stock has crossed its intra-day resistance and the next major resisitance lies at Rs 780. The outlook would further improve above this level. The stock has support at Rs 700. Padmini: The stock has been moving sideways and has an immediate resistance at Rs 100 above which the outlook would improve. On the lower side, it has an immediate support at Rs 88. Arc Investments & Consulting |