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Money > Stocks > Technicals > Daily Technicals September 9, 2000 |
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Trading Strategy for September 11, 2000Sensex: The index has not broken any support level and the move is an extention of the ongoing rally. On the lower side, it has a major support at Rs 4580 points. SSI: The stock has crossed an intra-day resistance of Rs 2925 and has closed on a positive note. On the upper side, a major resistance lies at Rs 3050. It has an immediate support at Rs 2925 and a major base at Rs 2860. Zee Tele: The stock has a major support at Rs 533 and long positions can be taken keeping this level in mind. A major resistance is at Rs 555. Below this, the next support is at Rs 505. Silverline: The stock is close to its resistance of Rs 460. Immediate support exists at Rs 415 and thereafter at Rs 405. ICICI: The stock has an immediate resistance at Rs 126 and the outlook is likely to improve above this level. Immediate support for the stock at Rs 118 and thereafter a major base lies at Rs 104. Arc Investments & Consulting |