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Money > Stocks > Technicals > Daily technicals February 12, 2001 |
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Trading strategy for February 13, 2001BSE Sensex: The index has taken a minor support at 4390 points. The next support lies at 4300 points. The Sensex is likely to face a hurdle at 4440 points. Wipro: The stock has crossed a major resistance of Rs 3000 and has closed above it. The counter appears bullish at this stage. The stock has a good base at Rs 2870, which should be used as a stop loss for long positions. The next hurdle is at Rs 3300. Digital: The stock has a strong hurdle at Rs 735, above which the outlook will improve substantially. One can take long positions above this level with Rs 700 as a stop loss. BSES: The stock has an immediate resistance at Rs 251, above which long positions can be taken with Rs 242 as a stop loss. Sterlite Optical: The stock has a medium term resistance Rs 820, above which the outlook is likely to improve. A medium term player can take a long position above this level with Rs 750 as a stop loss. Arc Investments & Consulting
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