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Trading Strategy for February 4, 2000

BSE Sensex: The level of 5350 is a trend-decider. It can flare upto 5370 or 5400. On downside it can slide to 5320 . It is not showing any strength and Sensex stocks are looking weak except for Reliance and SBI.

S&P CNX Nifty: The level of 1602 is a trend-decider. It can flare upto 1613 or 1628. On downside it can slide to 1587.

SBI: The level of Rs 253 is a trend-decider for the month. It will face resistance at Rs 268, Rs 285 or Rs 325. Above Rs 253 it will favour bulls only. For today's trading, consider Rs 256 as trend-decider. It can flare upto Rs 264 or Rs 269. Below Rs 256 it can slide to Rs 251. Buy on every decline.

Reliance: The level of Rs 339 is a trend-decider. It can flare upto Rs 344 or Rs 348. On downside it can slide to Rs 335. Buy this rocket in the morning session.

HDFC: Heavy accumulation is on and the scrip is ready to explode. The level of Rs 345 is a trend-decider. It can flare upto Rs 352 or expect a rally to Rs 360. Buy this stock on every decline. Below Rs 345 it can slide to Rs 337.

Sterlite: The level of Rs 782 and Rs 790 are major resistance levels. It can slide to Rs 764 or expect a free fall to Rs 747. If it starts trading above Rs 790, it can flare upto Rs 810. Try to exit on upper levels.

Rolta: The level of Rs 510 is a trend-decider. It can flare upto Rs 535 and thereafter don't remain short. On downside it can slid eupto 498 or upto 487 level.

Silverline: The level of Rs 988 is a trend-decider. It can flare upto Rs 1005 or Rs 1023. Don't remain short above Rs 1023. Below Rs 988 it can slide to Rs 970. Buy this stock on every decline.

Zee: The level of Rs 1310 is a trend-decider. It can flare upto Rs 1375, Rs 1405 or the upper freeze. On downside it can slide to Rs 1280.

HCL Infosystems: Buy with stop loss of Rs 825. It can flare upto Rs 865 or Rs 885. Buy this scrip on every decline.

RS Software: This scrip has started its third wave and is really looking good. Catch it if you want to earn millions. The level of Rs 638 is a trend-decider. It can flare upto Rs 670 or expect an upper freeze. On downside it can slide to Rs 605. Grab this stock in the morning session. Monthly chart indicates that the scrip will favour bulls only above Rs 625. Expect a level of Rs 725 or Rs 920 this month.

BPL: Buy with stop loss of Rs 414. It can flare upto Rs 442 or expect an upper freeze.

Ranbaxy: The level of Rs 938 is a trend-decider. It can flare upto Rs 950 or Rs 970. On downside it can slide to Rs 920.

Aptech: The level of Rs 2370 is a trend-decider. It can flare upto Rs 2440 or Rs 2480. Buy this stock

NIIT: The level of Rs 2750 is a trend-decider. It can flare upto Rs 2840 or Rs 2870. Buy.

Global: Buy with stop loss of Rs 1540. It can flare upto Rs 1580, Rs 1600 and thereafter the sky is the limit.On downside it can slide to Rs 1520. Catch it in morning session.

Himachal: The level of Rs 1022 is a trend-decider. It can flare upto Rs 1070 or Rs 1100. Buy this stock on every decline. Below Rs 1022 it can slide to Rs 995.

Satyam: Above rs 2945 level it will favour bulls only and it can flare upto Rs 3090, Rs 3250 and thereafter the sky is the limit.

Gramophone: Buy on every decline. Buy with stop loss of Rs 1366. It can flare upto Rs 1498 or expect an upper freeze.

Crest: Technically, it's a gold mine. In monthly charts, it will try to kiss Rs 685 if it crosses Rs 617. Thereafter it can zoom upto Rs 765 or Rs 850. For today's trading, buy with stoploss of Rs 625. It can flare upto Rs 665 or Rs 686.

Krone Communications: Buy with stop loss of Rs 456. It can flare upto Rs 486 or Rs 500.

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