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Money > Stocks > Technicals > Daily technicals January 22, 2001 |
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Trading strategy for January 23, 2001BSE Sensex: The Sensex has an immediate hurdle at 4332. It has an immediate support at 4220 and a major support at 4020 points. Satyam: The stock has good support at Rs 415. This level can be used as a stop loss for short-term long positions. Next major hurdle for the stock is at Rs 460. Infosys: The stock has an immediate support at Rs 6760, which can be used as a stop loss for short-term long positions. On the upper side, the stocks has an immediate hurdle at Rs 6900 and then at Rs 7000. Reliance: The stock has an immediate support at Rs 369 and then at Rs 362. The next major hurdle is at Rs 390. SBI: The stock has made a double top at Rs 224. The outlook for the stock is likely to improve above this level. One can take a long position with a stop loss of Rs 220. Arc Investments & Consulting
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