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March 15, 2001 		Feedback  
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Trading strategy for March 16, 2001

BSE Sensex: The index has major hurdles at 3890 and thereafter at 4100. Immediate support lies at 3724 and thereafter at 3435. The major trend remains negative and no long positions are recommended yet.

Infosys: The stock is approaching its resistance area of Rs 5200, where it is likely to face a major hurdle. The position is likely to deteriorate below 4621.

Zee: The stock is close to its major resistance of Rs 150. The position is likely to deteriorate below Rs 130. Next support for the stock lies at Rs 120.

Satyam: This stock too has a major resistance at Rs 280. The stock stays in the downtrend and has already retraced more than 50 per cent of the fall.

Tisco: The Rs 145 level would act as an immediate hurdle in the stock. Immediate support lies at Rs 125. No long positions are recommended.

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Daily technicals

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