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Money > Stocks > Technicals > Daily Technicals September 14, 2000 |
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Trading Strategy for September 15, 2000Sensex: Sensex has an immediate resistance at 4740 points and thereafter at 4790 points. On the lower side 4550 remains a strong support level. Global Tele: The stock has posted an intra-day double top at Rs 1675 which would act as a short term resistance. On the lower side it has an immediate support at Rs 1600. Satyam: The stock has made a support at Rs 595 which can be used as a reference point for long positions. On the upper side it has an immediate resistance at Rs 625. Digital Equipment: The stock has made an immediate base at Rs 515 below which the short term outlook will turn negative. On the upper side it has an immediate resistance at Rs 536 and therafter major hurdle lies at Rs 570. Reliance Petro: The stock has an immediate support at Rs 54 which can be used as a stop loss for long positions. On the upper side it has a minor barrier at Rs 60. Arc Investments & Consulting |