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Home > Money > Stocks > Technicals > Daily technicals
February 14, 2001
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Trading strategy for February 15, 2001

BSE Sensex: Level of 4300 remains as a strong support. On the upper side, the index continues to face resistance at 4440 points.

Satyam: The stock has an immediate hurdle at Rs 366. One can take short-term long positions above this level with a stop loss of Rs 360.

Bhel: The stock has crossed its first hurdle of Rs 186 and has closed on a strong note. Long positons can be taken in the stock with Rs 180 as a stop loss. The stock has a minor hurdle at Rs 196.

Tisco: This stock too has crossed an immediate barrier and has closed on a strong note. It has a good base at Rs 155, which could be used as a stop loss for long positions. It has minor resistance at Rs 165.

Glaxo: The stock did break a strong medium term hurdle of Rs 480 and is currently in the corrective phase. A medium term player can buy the stock partially at this stage and the balance should be bought above Rs 500. It has a good support at Rs 420.

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Daily technicals

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