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Trading Strategy for Decmber 29, 1999

Sensex: The level of 4835 is a trend decider. On upper side it can flare up to 4890 or up to 4915. On the downside it can slide to 4810 and there after expect a free fall.

Nifty: The level of 1440 is a trend decider. On upper side it can flare up to 1462 or up to 1472. If it breaks 1440 then expect a slide to 1430 or to 1410.

ACC: The level of Rs 261 is a trend decider. On upper side it can flare up to Rs 268 or up to Rs 275. On the downside it can slide to Rs 255.

SBI: The level of Rs 228 is a trend decider. On upper side it can flare up to Rs 233 or up to Rs 240. On the downside it can slide to Rs 222.

Infosys: The level of Rs 12,457 is a trend decider. On upper side it can flare up to Rs 12,915 and there after expect a jump up to Rs 13,030. On the downside it can slide to Rs 12,225.

Silverline: Buy with stop loss of Rs 762 and Rs 751. On upper side it can flare up to Rs 795 or up to Rs 806 or up to Rs 815. If it breaks Rs 751 it can slide to Rs 730. Buy on every decline.

Rolta: The level of Rs 378 is a support level. On upper side it can flare up to Rs 412 or up to Rs 430. On the downside it can slide to Rs 360 level.

Zee Tele: The level of Rs 999 is a trend decider. On upper side it can flare up to Rs 1,016 or up to Rs 1,040. On the downside it can slide up to Rs 975.

Satyam: Last hurdle exists AT Rs 2,244, decisive crossover above this level will take the scrip up to Rs 2,407 level in hours. Above Rs 2,188 it will favour bulls, on upper side it can flare up to Rs 2,252, Rs 2,284 or up to Rs 2,315. Consider Rs 2,125 as rock bottom.

Pentafour: Buy with stop loss of Rs 1,364 or up to Rs 1,340. On upper side it can flare up to Rs 1,442 or up to Rs 1,467 or Rs 1,495.

DSQ: The level of Rs 857 is a trend decider. On upper side it can flare up to Rs 875 and there after expect a free rise up to Rs 900. On the downside it can slide to Rs 830.

L&T: The level of Rs 477 is a trend decider. On upper side it can flare up to Rs 490 or up to Rs 500. On the downside it can slide to Rs 465. Buy on every decline.

NIIT: Buy with stop loss of Rs 2,940. On upper side it can flare up to Rs 3,030 or up to Rs 3,080. If it breaks Rs 2,940 it can slide to Rs 2890. Buy on every decline.

Gramaphone: For today's trading have an eye on Rs 489 level, above this level it can flare up to Rs 520, Rs 537 or expect upper freeze too. Buy on every decline.

Himachal Fut: Buy with stop loss of Rs 580. On upper side it can flare up to Rs 610, Rs 625 or expect upper freeze.

Global Tele: Buy with stop loss of Rs 934. On upper side it can flare up to Rs 983, if it crosses Rs 958. There after don't remain short in this counter. If it breaks Rs 934 it can slide to Rs 905.

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