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Money > Stocks > Technicals > Daily Technicals October 3, 2000 |
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Trading strategy for October 4, 2000Sensex: Sensex continues to move in a narrow range. 4030 and 4200 points remain a strong support and resistance respectively. Satyam: The level of Rs 500 remains as a first major resistance for the stock and therafter it has hurdle at Rs 520. On the lower side it has an immediate support at Rs 474 and therafter at Rs 450. Infosys: The stock has crossed its first major resistance of Rs 7450. Next barrier lies at Rs 7800. On the lower side immediate support lies at Rs 7340 and therefter at Rs 7050. Silverline: The stock has crossed its first minor hurdle and has its next barrier at Rs 380. On the lower side immediate support lies at Rs 357 and therafter at Rs 340. BHEL: The stock has broken its medium term support level of Rs 110. Next support lies at Rs 98. On the upper side it has an immediate resistance at Rs 120 and major resistance lies at Rs 150.
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