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November 18, 2000 		Feedback  
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Trading strategy for November 20, 2000

Sensex: Immediate resistance for the Sensex lies at 4045 points. Above this the short-term outlook will improve. Immediate support lies at 3800 points.

Wipro: The stock has crossed its first minor hurdle of Rs 2400. Next resistance for the stock is at Rs 2460, above which the medium term outlook will also improve. Immediate support for the stock is at Rs 2340 and thereafter at Rs 2180.

Satyam: Satyam has immediate resistance at Rs 378 and the next major hurdle is at Rs 395. Above this level the outlook will further improve. The stock has a good support at Rs 352.

Pentamedia: It has a good support at Rs 340. First hurdle for the stock is at Rs 365 and thereafter at Rs 385. Major base lies at Rs 330.

IPCL: The stock has a major base at Rs 56. The short term outlook in the stock would improve above Rs 58. It has a major resistance at Rs 60.

Arc Investment & Consulting

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Daily technicals

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