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Money > Stocks > Technicals > Daily technicals April 25, 2001 |
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Trading strategy for April 26, 2001BSE Sensex: The level of 3640 would act as a resistance level in the short-term. The outlook is likely to deteriorate below 3568 points. Satyam: The stock is close to its first major support level of Rs 230, below which the outlook is further likley to turn negative. On the upper side, it has its first hurdle at Rs 243 and a major resistance lies at Rs 260. Infosys: The stock has its first support at Rs 3770 and thereafter at Rs 3580. On the upper side, a strong hurdle lies at Rs 3950. Himachal: The stock is approaching its area of resistance and long positions should be taken with due caution. It has its first resistance at Rs 214 and thereafter at Rs 230. Immediate support for the stock is at Rs 183. Bhel: The stock has an immediate support at Rs 155 and thereafter at Rs 147. The outlook for the stock is likely to improve above Rs 160. Arc Investmensts & Consulting |