Books
Columnists
Indian Tax
Insurance
Interview
Mutual Funds
NRI Tax
Personal Finance
Personal Banking
Real Estate
Stocks

Trading strategy for July 4, 2000

BSE Sensex: The index has closed near its immediate resistance of 4850 points. The next major resistance for the Sensex is at 4900 points. On the lower side, it has an immediate support at 4780 points and thereafter at 4700 points.

Satyam Computer: The stock has crossed its first resistance of Rs 3100 and has closed on a strong note. It has its next major resistance at Rs 3500. On the lower side, it has immediate support Rs 3200 and thereafter at Rs 3100.

Himachal: This stock has failed to sustain itself at higher levels. It has an immediate resistance at Rs 1480 and long positions should be taken only after this level is crossed. Immediate support lies at 1430 and thereafter at Rs 1320.

Infosys: The stock has crossed its first resistance and has closed above it. The next hurdle is at Rs 8900. Immediate support lies at Rs 8500 and thereafter at Rs 8200.

SSI: The stock has done well and is above medium term supports. It has a minor resistance at Rs 3200 and the next major resistance is at Rs 3400. On the lower side, immediate support is at Rs 3020 and then at Rs 2940.

Arc Investments & Consulting

Daily Technicals

Tell us what you think of this feature