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April 7, 2001
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Money > Stocks > Technicals > Daily technicals April 7, 2001 |
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Trading strategy for April 9, 2001BSE Sensex: The level of 3680 would act as a major barrier for the index. On the lower side, the level of 3436 would act as a reference point. Satyam: The stock is close to breaking yet another base of Rs 225. Thereafter, the last support is at Rs 220, below which the fall is likely to accelerate. On the upper side, the stock has a strong resistance at Rs 255. Wipro: The stock has broken yet another level and the outlook appears to be getting worse. There seems to be no support for the stock in sight. On the upper side, it has a strong resistance at Rs 1350. Digital: This stock too seems to be heading to no support region. Last support for the stock is at Rs 352. On the upper side, it will face a strong hurdle at Rs 410. Reliance: The stock has a major support at Rs 378, below which the outlook will turn negative. Medium-term players can use this level as a stop loss. On the upper side, it will face resistance at Rs 396. Arc Investments & Consulting |
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