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Home > Money > Stocks > Technicals > Daily technicals
December 23, 2000 		Feedback  
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Trading strategy for December 26, 2000

BSE Sensex: The Sensex has broken yet another minor bottom and has closed on an extremely negative note. It has its medium term support at 3800, below which the outlook will turn more negative.

ITC: The stock has a good base at Rs 880 and the outlook is likely to deteriorate below this level. There is a major resistance at Rs 920 and then at Rs 935.

Reliance Petro: The stock has broken a medium term level of Rs 57 and has closed below it. A major resistance is at Rs 62.

Sterlite Opti: This stock too has broken an important level of Rs 865 and has closed on a negative note. The immediate hurdle is at Rs 920.

SBI: The stock will face major hurdle at Rs 200 in the medium term. The stock has closed below its major support of Rs 188.

Arc Investment & Consulting

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Daily Technicals

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