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December 21, 2000 		Feedback  
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Trading strategy for December 22, 2000

BSE Sensex: The Sensex is likely to face its first hurdle at 4120 points and thereafter at Rs 4200 points. The 3968-level would act as a good short-term support.

ACC: The stock has its first hurdle at Rs 162 and the outlook is likely to improve above this level. It has a good base at Rs 155.

L&T: The stock has an immediate hurdle at Rs 202 and then at Rs 208. Its position is likely to improve above these levels. A major resistance lies at Rs 216. The stock has an immediate support at Rs 196.

Tisco: The stock has an immediate hurdle at Rs 127, above which the outlook could improve. It has an immediate base at Rs 122.

SBI: The stock has an immediate hurdle at Rs 196, and above this level, one can take long positions with a stop loss of Rs 191. The next support lies at Rs 188.

Arc Investment & Consulting

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Daily Technicals

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