NEWS
COLUMNISTS
STOCKS
MUTUAL FUNDS
TAX
INTERVIEW
REAL ESTATE
GOLD
CURRENCY

Trading Strategy for Decmber 17, 1999

Sensex: The level of 4722 is a trend decider. On upper side it can flare up to 4752 or up to 4793. On the downside it can slide to 4680 and there after expect a slide to 4650.

Nifty: The level of 1417 is a trend decider. On upper side it can flare up to 1431 or up to 1442. On the downside it can slide to 1411 or to 1406. Expect free fall below 1406.

Hero Honda: Looking very hot buy. For today's trading buy above Rs 1,220 level, there after it can flare up to Rs 1,250 and next target exists at Rs 1,300. Buy on every decline.

Sterlite: The level of Rs 407 is a trend decider. On upper side it can flare up to Rs 420 and Rs 430. Buy on every decline.

Pentafour: The level of Rs 1,457 and Rs 1,442 are support levels. On upper side it can flare up to Rs 1,480, Rs 1,505 or up to Rs 1,542 and there after expect upper freeze.

Satyam: The level of Rs 1,950 and Rs 1,920 are support levels. On upper side it can flare up to Rs 2,040 and there after it can flare up to 2100 level, if it trades above Rs 1,980.

Zee Tele: The level of Rs 919 is a trend decider. On upper side it can flare up to Rs 958 or up to Rs 970 or up to Rs 980. If it breaks Rs 919 then it can slide to Rs 907.

Silverline: The level of Rs 787 is a trend decider. On upper side it can flare up to Rs 802, Rs 818 or up to Rs 840. On the downside it can slide to Rs 775.

Ranbaxy: The level of Rs 968 and Rs 957 are support level. On upper side it can flare up to Rs 1012 or up to Rs 1043.

DSQ: The level of Rs 663 and Rs 656. On upper side it can flare up to Rs 696 or up to Rs 713. On the downside it can slide to Rs 646.

HCL-HP: The level of Rs 568 is a trend decider. On upper side it can flare up to Rs 590 or up to Rs 610. On the downside it can slide to Rs 550. Buy on every decline.

DIG.EQUIP: The level of Rs 778 and Rs 770 are support level only. On upper side it can flare up to Rs 812 or up to Rs 840.

Wockhardt: The level of Rs 897 and Rs 888. On upper side it can flare up to Rs 940 or up to Rs 955.

Atlas Cycle: Buy with stop loss of Rs 177. On upper side it can flare up to Rs 195. Scrip is in no-delivery, and is ready to start a new wave too. Upper target is Rs 220 thereafter sky is the limit.

Global Tele: Buy with stop loss of Rs 870. On upper side it can flare up to Rs 917 or up to Rs 929 or Rs 942 is also possible. On the downside if it breaks Rs 871 then expect a fall to Rs 858 or to Rs 846.

Sun Pharma: Scrip will spurt very heavily. Above Rs 1,860 it can flare up to Rs 1,884, Rs 1,907 and there after it can zoom up to Rs 1,952. On the downside it can slide to Rs 1,838 or to Rs 1,816.

Stocks

Tell us what you think of this feature