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Home > Money > Stocks > Technicals > Daily technicals
December 13, 2000 		Feedback  
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Trading strategy for December 14, 2000

Sensex: The Sensex has crossed its minor resistance of 4252. Immediate support lies at Rs 4180 and thereafter at 4100 points.

Digital Equip: The stock has crossed a strong barrier of Rs 564 and has closed on a strong note. It has an immediate support at Rs 558 and the next major base is at Rs 550.

L&T: The stock has a strong base at Rs 198. This should be used as a stop loss for long positions. It has crossed its first barrier of Rs 201 and has its next hurdle at Rs 205. The stock appears set for a rally.

Reliance Petro: The stock has a minor hurdle at Rs 62 above which long positions can be taken. In this case the stop loss would be Rs 61.

SBI: The stock has a good base at Rs 190, which can be used as a stop loss for all long positions. Immediate hurdle for the stock is at Rs 200.

Arc Investment & Consulting

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Daily Technicals

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