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Trading Strategy for 4th November 1999

Sensex: The level of 4457 is a trend decider, on upper side it can flare up to 4492 or expect a jump up to 4528. If it is able to cross 4528 then expect a jump of another sixty points. On the downside it can slide to 4421 and there after expect a free fall to 4386, and there after expect a slide to 4315 level.

Nifty: The level of 1326 is a trend decider, on upper side it can flare up to 1337 or up to 1349 level. On the downside it can slide to 1312 or to 1299. Expect free fall there after!

Reliance: Buy above Rs 228 level only, on the downside it can slide to Rs 218 or to Rs 215. If it is able to cross Rs 228 then only it will show its power and it can flare up to Rs 234.

SBI: Buy above Rs 235 level only, on downside it can slide to Rs 225 or to Rs 218. If it crosses Rs 235 it can flare up to Rs 242.

ACC: Sell if revives with stoploss of Rs 187, on the downside it can slide to Rs 175 or expect a fall up to Rs 169.

L&T: The level of Rs 388 is a trend decider, on downside it can slide to Rs 373 and there after expect a free fall. On upper side it can flare up to Rs 402 level.

Tisco: The level of Rs 141 is a trend decider, on downside it can slide to Rs 133 or to Rs 128. On upper side after crossing Rs 141 it can flare up to Rs 146. resistance.

Silverline: The level of Rs 368 is a trend decider, on upper side scrip can flare up to Rs 378 or up to Rs 388. On downside it can slide to Rs 345 and Rs 336.

Satyam: Buy with stoploss of Rs 1,359 or with Rs 1,343. On upper side it can flare up to Rs 1,406 or up to Rs 1,438. Expect a non-stop rally up to Rs 1,498. If breaks Rs 1,343 it can fall to Rs 1,311.

Pentafour: The level of Rs 571 is a trend decider, on upper side it can flare up to Rs 597 and there after it will try to kiss Rs 623. On downside it can fall to Rs 545.

Global Tele: The level of Rs 521 is a trend decider, on upper side it can flare up to Rs 541 or up to Rs 560. On downside it can slide to Rs 502.

Himachal Fut: The level of Rs 305 is a trend decider, on upper side it can flare up to Rs 322 or up to Rs 333. Monthly resistance exists at Rs 344, if it is able to close above this level then it can flare up to Rs 380.

Ranbaxy: The level of Rs 841 is a trend decider, on upper side it can flare up to Rs 863 or up to Rs 885. On downside it can slide to Rs 820 or up to Rs 798.

NIIT: The level of Rs 2310 is a trend decider, on upper side it can flare up to Rs 2,386, if it is able to cross Rs 2,348. On downside it can slide to Rs 2,248 if it breaks Rs 2,280.

Zee Tele: Buy this scrip above Rs 4,125 level. On downside it can slide to Rs 3,875, if breaks Rs 4,000. Above Rs 4,125 it can jump up to Rs 4,205 or up to Rs 4,285.

Telco: The level of Rs 220, on upper side it can flare up to Rs 231. On downside it can fall to Rs 211 or to Rs 200.

ITC: The level of Rs 681 is a trend decider, on upper side it can flare up to Rs 698. On downside expect a fall up to Rs 665.

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