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Money > Stocks > Technicals > Daily technicals March 31, 2001 |
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Trading strategy for April 2, 2001BSE Sensex: The level of 3820 has gained further significance and can be used as a medium-term resistance. The outlook will improve only above this level. The level of 3561 continues to be an immediate support. Zee Tele: The stock has broken yet another important support level of Rs 125 and has closed below it. On the upper side, it has a good resistance at Rs 145. SSI: This stock too has broken an important reference point and has closed below it. It has an immediate resistance at Rs 700 and then at Rs 860. VSNL: The stock has a medium-term support at Rs 280, below which the outlook is likely to deteriorate. It has an immediate hurdle at Rs 320. Hindalco: The stock has a good support at Rs 700. This level can be used as a stop loss for medium-term players. The next support is at Rs 665. Arc Investments & Consulting |