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Money > Stocks > Technicals > Daily Technicals October 23, 2000 |
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Trading strategy for October 24, 2000Sensex: Immediate hurdle for the Sensex lies at 3800 points and the next major barrier is at 3900 points. On the lower side the outlook will deteriorate below 3490 points. Pentamedia: The stock has an immediate resistance at Rs 345 and thereafter at Rs 360. On the lower side it has a last minor support at Rs 325. Infosys: The stock has major hurdle at Rs 7200 and an immediate barrier lies at Rs 7000. On the lower side minor support lies at Rs 6700 and next major support is only at Rs 6110. Global Tele: The stock is close to its last immediate support level of Rs 1000. After this there is no support till Rs 890 and thereafter at Rs 820. On the upper side it has an immediate hurdle at Rs 1060 and major barrier yet lies at Rs 1200. ITC: The stock has a strong resistance at Rs 770. On the lower side it has an immediate support at Rs 735 below which the outlook will deteriorate. Arc Investments & Consulting
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