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Trading Strategy for Decmber 14, 1999

Sensex: The level of 4825 is a trend decider. On upper side it can flare up to 4856 and there after it can flare up to 4882. On the downside it can slide to 4770 and there after expect free fall.

Nifty: The level of 1431 is a trend decider. On upper side it can flare up to 1440 or up to 1447. On the downside expect a fall to 1417 and then can slide to 1408.

ACC: The level of Rs 237 is a trend decider. On upper side after crossing this level with high volumes then expect a jump up to Rs 243. On the downside it can slide to Rs 226, if it starts trading below Rs 231.50.

ITC: Sell if Revives! Sell with stop loss of Rs 659 and Rs 668. On the downside it can slide to Rs 642 and there after expect a free fall to 633.

SBI: The level of Rs 240 is a trend decider. On upper side it can flare up to 244. On the downside it can slide to 233 or to 229 level.

Siemens: The level of 481 is a trend decider. On upper side it can flare up to Rs 496 or up to Rs 510. On the downside it can slide to Rs 474 or to Rs 468. Decisive crossover above Rs 495 will create heavy buying. Upper targets after it fulfills above condition are Rs 550, Rs 598 or Rs 645.

Global Tele: Read weekly trading strategy! Today it will have to cross Rs 938 level then only it will show strength. On upper side it can flare up to Rs 951 or up to Rs 965. On the downside expect a fall to Rs 918 or Rs 900. Expect a vertical fall below Rs 900 level.

Himachal Fut: The levels of Rs 523 and Rs 554 are very strong resistance monthly resistance levels. For today's trading the level of Rs 520 is a trend decider. On upper side it can flare up to Rs 537 or up to Rs 554. Below Rs 520 it can slide to Rs 502.

Pentafour: Above Rs 1,280 level it will favour bulls only. On upper side expect a non stop rally up to Rs 1,455.

Satyam: The level of Rs 2,104 and Rs 2,083 is a support. On upper side it can flare up to Rs 2,183 or up to Rs 2,210, if it crosses Rs 2,143 level.

DSQ: The level of Rs 650 is a trend decider. On upper side it can flare up to Rs 680 and there after don't remain short. On the downside it can slide to Rs 616 level and there after expect a free fall.

Infosys: Read monthly trading strategy. The level of Rs 10,075 is a trend decider. On upper side expect a jump up to Rs 10,306 or up to Rs 10,370 or Rs 10,435 is also possible.

Ranbaxy: The level of Rs 1,017 is a trend decider. On upper side it can flare up to Rs 1,034 or up to Rs 1,050. On the downside it can slide to Rs 982 and there after expect a free fall.

Zee Tele: The level of Rs 830 is a trend decider. On upper side it can flare up to Rs 850 or up to Rs 870. Support exists at Rs 810. Buy on every decline it may cross Rs 1,000 by this month end.

Silverline: The level of Rs 765 is a trend decider. On upper side it can flare up to Rs 778 or up to Rs 792. On the downside scrip can slide to Rs 740.

Rolta: Above Rs 266 level, the scrip will favour bulls only. On upper side it will try to kiss Rs 310 or Rs 355. For today's trading have an eye on Rs 281. On upper side it can flare up to Rs 292 and there after it can zoom up to Rs 299.

L&T: The level of Rs 431, Rs 449 and Rs 468 are real hurdles for this scrip. Have a close eye on these levels up to December 31, 1999. For today's trading buy above Rs 424 level. On upper side it can flare up to Rs 431 or up to Rs 445. On the downside it can slide to Rs 410.

HCL-HP: Scrip is ready to explode very heavily on upper side as its third wave will start any moment. Decisive close above Rs 593 will take this scrip up to Rs 910 level in the coming! Buy with stop loss of Rs 567. On upper side it can flare up to Rs 586 or up to Rs 595 and there after don't remain short.

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