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November 15, 1999

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Trading Strategy for November 15, 1999

Sensex: The level of 4628 is a trend decider, on upper side it can flare up to 4660 or up to 4690. On downside it can slide to 4599 or to 4567.

Nifty: The level of 1377 is a trend decider, on upper side it can flare up to 1385 or up to 1391 or 1397 is also possible. On downside it can slide to 1365 or to 1357.

ITC: The level of Rs 778 is a trend decider, on upperside it can flare up to 794 or up to Rs 817. On downside it can fall to 755, if it breaks Rs 766.

M&M: The level of Rs 386 is a trend decider, on upper side it can flare up to Rs 397 or up to Rs 404. On downside it can slide to Rs 379. For more details read weekly trading strategy.

Silverline: The level of Rs 442 is a trend decider, on upper side it can flare up to Rs 462 or up to Rs 475. On downside it can slide to Rs 430.

Zee Tele: Buy with stoploss of Rs 5,058 & Rs 5027. On upper side it can flare up to Rs 5,115 or up to Rs 5,204. There after don't remain short. On downside it can slide to Rs 4,913.

Pentafour: The level of Rs 694 is a trend decider, on upper side it can flare up to Rs 710 or up to Rs 725. On downside it can slide to Rs 678.

Satyam: Buy with stoploss of Rs 1,671, on upper side it can flare up to Rs 1,710 or up to Rs 1,737. On downside it can fall to Rs 1,644.

KLG Systel: The level of Rs 359, on upper side it can flare up to Rs 382 or up to Rs 393. On downside it can slide to Rs 348.

Himachal Fut: The level of Rs 328, on upper side it can flare up to Rs 338 or up to Rs 350. On downside it can slide to Rs 316.

Infosys: The level of Rs 8,054 is a trend decider, on upper side it can flare up to Rs 8,133 or up to Rs 8,168. On downside it can slide to Rs 8,018 or to Rs 7,983.

Exide: The level of Rs 255 is a trend decider, on upper side it can flare up to Rs 268 or up to Rs 275. On downside it can fall to Rs 248 level.

NIIT: The level of Rs 2351, on upper side it can flare up to Rs 2,389 or up to Rs 2,438. On downside it can slide to Rs 2,302.

VSNL: The level of Rs 1,373 is a trend decider, on downside it can slide to Rs 1,326 or to Rs 1,293. On upper side it can flare up to Rs 1406.

Siemens: The level of Rs 478 is a trend decider, on upper side it can flare up to Rs 496 or up to Rs 513 level. On downside it can slide to Rs 456.

Hughes Software: On upper side it can flare up to Rs 1,452 is a trend decider, on downside it can slide to Rs 1,359 or to Rs 1,308.

Ranbaxy: The level of Rs 983 is a trend decider, on upper side it can flare up to Rs 1,010 or up to Rs 1,027. On downside it can slide to Rs 966.

Gramaphone: The level of Rs 346, on upper side it can flare up to Rs 365 or up to Rs 376. On downside it can slide to Rs 330.

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