|
||
|
||
Channels: Astrology | Broadband | Chat | Contests | E-cards | Money | Movies | Romance | Search | Weather | Wedding Women Partner Channels: Auctions | Auto | Bill Pay | Jobs | Lifestyle | TechJobs | Technology | Travel |
||
|
||
Home >
Money > Stocks > Technicals > Daily technicals April 14, 2001 |
Feedback |
|
Trading strategy for April 16, 2001BSE Sensex: The sensex continues to make new lows. It is likely to face a hurdle at 3260 and thereafter at 3375 points. Tata Power: The stock has made a strong base at Rs 94. This could be used as another medium-term support for the stock. Short-term players can take long positions above Rs 105, with Rs 100 as a stop loss. ACC: This stock has posted a higher bottom and Rs 120 should act as a good support level. The outlook is likely to improve above Rs 134. Bhel: The bounce in the stock should be used as a chance to make an exit. The stock is likely to face a hurdle at Rs 136. The outlook will further deteriorate below Rs 120. HPCL: The level of Rs 150 would act as a medium-term support for the stock, below which the outlook is likely to turn negative. The stock is likely to face a resistance at Rs 168. Arc Investments & Consulting |