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Trading Strategy for January 25, 2000

BSE Sensex: The level of 5492 is a trend-decider. It can slide to 5410 and thereafter it can slide to 5383 level. Above 5492, it can jump to 5543 and thereafter don't remain short in Sensex stocks.

S&P CNX Nifty: The level of 1622 is a trend-decider. It can flare upto 1636 and thereafter it will flare up heavily. On downside it can slide to 1600 or 1585.

ITC: The level of Rs 789 is a trend-decider. It can flare upto Rs 804 and major resistance is at Rs 814. If it crosses this level then it can flare upto Rs 828 or Rs 840. Below 789 it can slide to Rs 764. Buy.

Reliance: The level of Rs 329 is a trend-decider. It can flare upto Rs 334 or Rs 338. It can slide to Rs 325 or Rs 321. Buy but be cautious at Rs 342.

BPL: Any decline in this stock should be considered as an opportunity to buy this stock. Today it will have to cross Rs 324, only then will it have strength. Below Rs 309 it can slide to Rs 295. Above Rs 324 it will flare upto Rs 334 or freeze.

Sterlite: Buy on every decline. Buy with stop loss of Rs 564 or Rs 558. It can flare upto Rs 594 or Rs 605 if it crosses Rs 576. Below Rs 558, it can slide to Rs 546.

Ranbaxy: Buy. The level of Rs 990 is a trend-decider. It can slide upto Rs 962. It can flare upto Rs 1016 and thereafter it will spurt upto Rs 1030 or Rs 1045.

Global Tele: The level of Rs 1154 is a trend-decider. It will get support at Rs 1133. Above Rs 1154, it can flare upto Rs 1176, Rs 1187 or Rs 1198. Above Rs 1198 don't remain short.

Himachal: The level of Rs 913 is a trend-decider. It can flare upto Rs 926, Rs 935 or Rs 945. On downside it can slide to Rs 903 or Rs 895.

Zee: Buy on every decline. Buy with stop loss of Rs 1230 and Rs 1215. It can flare upto Rs 1255, Rs 1270 and thereafter it will try to kiss Rs 1305.

Satyam: It will have to cross Rs 2825 to show strength or will give buy signal. On downside it can slide to Rs 2750 and thereafter expect a free fall to Rs 2705. After crossing Rs 2825 it can flare upto Rs 2870 and thereafter don't remain short.

Pentamedia: The level of Rs 1337 is a trend-decider. On downside it can slide to Rs 1280 and thereafter expect a fall to Rs 1250. After crossing Rs 1337 it can flare upto Rs 1370.

BSES: Expect a major rise. Above Rs 214 it will favour bulls and it can flare upto Rs 220 or Rs 240. For today, buy with stop loss of Rs 205. It can flare upto Rs 218 or Rs 224.

SBI: Yesterday it closed below Rs 234 and below this level, it will favour bears only. The last and final support for this month exists at Rs 224, thereafter it can slide to Rs 213. For today, traders can sell with stop loss of Rs 234. It can slide to Rs 224 or Rs 218.

Silverline: The level of Rs 848 and Rs 877 are trend-deciders. After crossing Rs 877 it can zoom upto Rs 910. On downside it can slide to Rs 825. Buy this stock on every decline.

Digital: Sell this scrip with stop loss of Rs 1445. Below Rs 1393 it can slide to Rs 1340 and thereafter expect a free fall to Rs 1313 or Rs 1285.

Tisco: It will have to cross Rs 156 then only it will show strength. On downside, it can slide to Rs 147 or Rs 142. Don't sell at these levels. It's time to buy this stock.

Bajaj Auto: Have some patience and earn money. For today, buy Bajaj Auto with stop loss of Rs 385. After crossing Rs 399, it can flare upto Rs 408 or Rs 422.

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