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Trading Strategy for January 3, 2000

Sensex: The level of 4840 is a crucial support for the whole of January 2000. On upper side it can flare up to 5195, 5247, 5288 or expect a major resistance at 5435. On downside it can slide to 4700 and thereafter expect a free fall. For today's trading, support exists at 4982. On upper side expect a jump to 5056, 5130 or 5210. Below 4985 expect a free fall.

Nifty: The level of 1440 is a major support level for the whole month. It can flare up to 1535, 1562 or 1590 level. The level of 1484 is a trend-decider. On upper side it can go to 1505, 1525 or 1535. Below 1484 it can slide to 1465.

ACC: The level of Rs 253 is a trend-decider. It can go to Rs 258 or Rs 266. Buy this stock on every decline. On downside it can slide to Rs 242.

ITC: The level of Rs 664 is a trend-decider. It can flare up to Rs 675 or Rs 690 and thereafter don't remain short. On downside it can touch to Rs 650.

HLL: Buy with stop loss of Rs 2,215 or Rs 2,192. On upper side it can flare up to Rs 2,290 or Rs 2,330.

L&T: Buy with stop loss of Rs 543. On upper side it can go to Rs 567, 575 or Rs 588.

Silverline: Above Rs 817 it can zoom up to Rs 832, Rs 855 or Rs 865.

Rolta: The level of Rs 403 is a trend-decider. On upper side it can flare up to Rs 417, Rs 428 or expect upper freeze too.

Satyam: Above Rs 2,220 it will try to touch Rs 2,260, Rs 2,320 or Rs 2,347. Buy this stock on every decline. By the end of January, it will touch Rs 3,000. Below Rs 2,220 it can slide to Rs 2,160.

Pentafour: Once it will crosses Rs 1376 level, it will zoom upto Rs 1405, Rs 1437 or expect an upper freeze. On downside it can slide to Rs 1295 level.Buy on every decline.

Zee: Great stock even at current price. Considering Rs 1066 as a support, it can flare upto Rs 1120, Rs 1145, Rs 1162 or the upper freeze.

HCL Infosystems: Buy on every decline as it is likely to touch Rs 2500 very soon. For today's trading buy with stop loss of Rs 683. On upper side it can go to Rs 716, Rs 735 or upper freeze. Below Rs 683 it can slide to Rs 665.

NIIT : Buy with stop loss of Rs 3276 and consider Rs 3240 as rock bottom. It can flare upto Rs 3390, Rs 3470 or Rs 3525. Buy this stock on every decline.

Ranbaxy: The level of 927 is a trend decider,on upperside it can flare upto 943 or upto 965 level. Scrip is ready to takeoff.

Digital: Above Rs 1135 level it will zoom upto Rs 1165 or Rs 1205...That too today.

Global Tele: Above Rs 966 it can flare upto Rs 982 or Rs 1005 and thereafter don't remain short.

Himachal: The level of Rs 680 is a trend-decider. It can flare upto Rs 690, Rs 702 or the upper freeze.

DSQ: Above Rs 848 , it will try to go to Rs 878 or the upper freeze.

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