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Trading Strategy for 7th October 1999

Sensex: The level of 4710 is a trend decider, on upper side it can flare up to 4768 level. On downside it can slide to 4638 or to 4580 level. On upperside if crosses 4768 level then all round hectic buying is not ruled out.

Nifty: The level of 1400 is a trend decider, on upper side it can flare up to 1411 or up to 1430 level. On downside Nifty can slide to 1381 level.

RIL: The level of Rs 239 is a trend decider, on upper side it can flare up to Rs 245 or up to Rs 254 level. On downside it can slide to Rs 230 level.

SBI: The level of Rs 215 is a trend decider, on upper side it can flare up to Rs 220 or up to Rs 225 level. On downside it can slide to Rs 210 level. Buy on every decline.

ITC: The level of Rs 807 is a trend decider, on upperside it can flare up to Rs 834 or up to Rs 848 and there after don't remain short. On downside it can slide to Rs 792 or to Rs 778 level.

Satyam: Buy with stoploss of Rs 1253 level. On upper side it can flare up to Rs 1313 or up to Rs 1355 level. On downside it can slide to Rs 1211 level. Chances are very bright scrip will favoutr bulls only.

Zee Tele: The level of Rs 4600 is a trend decider, on upper side it can flare up to Rs 4705 or up to Rs 4825 level. On downside it can slide to Rs 4540 level, there after free fall will start.

Silverline: The level of Rs 385 is a trend decider, on upper side it can flare up to Rs 397 or up to Rs 408 level. On downside it can slide to Rs 374 level.

Ranbaxy: The level of Rs 1004 is a trend decider, on upper side it can flare up to Rs 1016 or up to Rs 1039 level. On downside it can slide to Rs 981 level.

Global Tele: The level of Rs 527 is a trend decider, on upper side it can flare up to Rs 537 or up to Rs 553 level. On downside it can slide to Rs 511 level. Buy on every decline.

Tata Tea: The level of Rs 603 is a trend decider, on upper side it will try touch Rs 624 and there after don't remain short. On downside it can slide to Rs 586 level.

Telco: The level of Rs 255 is a trend decider,on upper side it can flare up to Rs 261 or up to Rs 268 level. On downside it can slide to Rs 250 and there after don't remain long.

Infosys: The level of Rs 7646 is a trend decider, on upper side it can flare up to Rs 7842 or up to Rs 8050 level. On downside it can slide to Rs 7440 level.

Gramaphone: Buy this stock considering Rs 431 as crucial support. On upper side it can flare up to Rs 486 or up to Rs 523 level. Crossover above Rs 468 will give all round buy signal.

NIIT: The level of Rs 2721 is a trend decider, on upper side it can zoom up to Rs 2836 or up to Rs 2886 level. On downside it can slide to Rs 2671 level.

Pentafour: The level of Rs 589 is a trend decider, on upper side it can flare up to Rs 605 or up to Rs 624 level. On downside it can slide to Rs 570 and there after free fall will start.

HCL-HP: The level of Rs 503 is trend decider, on upper side it can flare up to Rs 525 or up to Rs 544 level. On downside it can slide to Rs 484 level.

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