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July 10, 2000
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Trading strategy for July 11, 2000Sensex: Sensex has a strong resistance at 4940 and the position is likely to improve only above this level. Immediate support is at 4840 below which the position will further deteriorate. Himachal: The stock has broken a major base and has closed below it. It has a last minor support at Rs 1220. On the upper side it has an immediate resistance at Rs 1350 and thereafter at Rs 1400. DSQ Software: The stock has an immediate support at Rs 1000 below which the position is likely to deteriorate. Next support lies at Rs 930 and thereafter at Rs 900. On the upper side it has an immediate resistance at Rs 1050 and thereafter at Rs 1080. Pentamedia: Last support for the stock lies at Rs 600 below which the position will further weaken. On the upper side it has an immediate resistance at Rs 625 and thereafter at Rs 650 MTNL: The stock has broken a major base of Rs 212 and has closed way below it. On the upper side it has a strong resistance at R 226 and the position is likely to improve only above this level. On the lower side next support lies at Rs 193 and thereafter at Rs 177. Arc Investments & Consulting |
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