Rediff Logo
 Money
Line
Channels: Astrology | Broadband | Chat | Contests | E-cards | Money | Movies | Romance | Search | Weather | Wedding
                 Women
Partner Channels: Auctions | Auto | Bill Pay | Education | Jobs | Lifestyle | TechJobs | Technology | Travel
Line
Home > Money > Stocks > Technicals > Daily technicals
November 9, 2000 		Feedback  
  Money Matters

 -  Business Special
 -  Business Headlines
 -  Corporate Headlines
 -  Columns
 -  IPO Center
 -  Message Boards
 -  Mutual Funds
 -  Personal Finance
 -  Stocks
 -  Tutorials
 -  Search rediff

    
      

 
 Search the Internet
          Tips

E-Mail this report to a friend

Trading strategy for November 10, 2000

Sensex: The sensex has posted a double top at 4045. An extension of the rally is possible once this level is crossed. Immediate support is at 3980 and thereafter at 3900 points.

Global Tele: It is above short term resistance. It has an immediate support at Rs 1120. On the upper side the position would improve above Rs 1170.

Wipro: Wipro has crossed a major hurdle of Rs 2440. Any crossover above Rs 2460 could result in a rally in this counter. On the lower side immediate support is at Rs 2350.

SBI: The stock has made a strong resistance at Rs 182 and the medium term outlook will improve only once this is crossed. The stock has a major support at Rs 155.

Reliance Petro: It has crossed a medium term resistance of Rs 60. Overall the outlook for the stock has turned positive. Major base for the stock is at Rs 52 and thereafter at Rs 46.

Arc Investment & Consulting

Money

Daily technicals

Tell us what you think of this report