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Trading Strategy for Decmber 22, 1999

Sensex: The level of 4775 is a trend decider. On upper side it can flare up to 4810 and there after jump up to 4835. For more details read weekly trading strategy. On the downside it can slide to 4750.

Nifty: The level of 1425 is a trend decider. On upper side it can flare up to 1438 or up to 1450. On the downside Nifty can slide to 1415 there after expect a free fall.

ITC: The level of Rs 711 is the last hurdle for this scrip. There after scrip will become rocket and it can zoom up to Rs 752 or Rs 795. For today's trading buy with stop loss of Rs 652. On upper side it can flare up to Rs 688 or up to Rs 705 or expect upper freeze too.

ACC: The level of Rs 245 is a trend decider. On upper side it can flare up to Rs 252 and there after expect a jump up to Rs 257 level. Laxman Rekha exists at Rs 255. Buy on every decline.

Global Tele: The level of Rs 1,002 is a trend decider. On upper side it can flare up to Rs 1,024 or up to Rs 1,036 and there after expect a jump up to Rs 1,048. On the downside it can slide to Rs 990 or to Rs 980.

Himachal Fut: The level of Rs 611 is a trend decider. On upper side it can flare up to Rs 626 or expect a jump up to Rs 637. On the downside it can slide to Rs 590 and there after expect free fall.

Satyam: Sell if revives, with stop loss of Rs 1,975 & Rs 1,995. On the downside it can slide to Rs 1,900 and there after expect a free fall to Rs 1,860. Above Rs 1,995 it can flare up to Rs 2015.

Pentafour: The level of Rs 1,500 is a trend decider. On upper side it can flare up to Rs 1,528 or up to Rs 1,555. On the downside it can slide to Rs 1,475 or to Rs 1,445.

HCL-HP: Buy with stop loss of Rs 640. On upper side it can flare up to Rs 670 or up to Rs 686. On the downside it can slide to Rs 620. Next targets are Rs 735 or Rs 840.

Silverline: Buy above Rs 831. On the downside it can slide to Rs 787 or to Rs 776. Above Rs 831 it can flare up to Rs 845.

Ranbaxy: The level of Rs 950 is a trend decider. On upper side it can flare up to Rs 970 and there after don't remain short. On the downside it can slide to Rs 930 and there after expect a free fall to Rs 910.

DSQ: The level of Rs 836 is a trend decider. On upper side it can flare up to Rs 860 or up to Rs 880. On the downside it can slide to Rs 815.

Dig.Equip.: The level of Rs 883 and Rs 875 is a trend decider. On upper side it can flare up to Rs 918 or up to Rs 935. Above 989 it will try to kiss Rs 1,005 or Rs 1,115 level. Minor resistance exists at Rs 948.

Infosys: The level of Rs 10,815 is a trend decider. On upper side it can flare up to Rs 11,325 and there after don't remain short. If it trades above Rs 11,070 it is a risk free buy! On the downside it can slide to Rs 10,565.

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