COLUMNISTS
STOCKS
MUTUAL FUNDS
NRI TAX
INDIAN TAX
INTERVIEW
PERSONAL FINANCE
PERSONAL BANKING
INSURANCE
REAL ESTATE
GOLD
CURRENCY

Trading Strategy for January 31, 2000

Buy Silverline, BSES and Apollo Tyres.

BSE Sensex: The level of 5380 is a trend-decider. It can flare upto 5425 or 5470. It can slide to 5290 or 5245.

S&P CNX Nifty: The level of 1601 is a trend-decider. It can flare upto 1609 or 1619. On downside it can slide to 1590 or 1583.

Reliance: The level of Rs 335 is a trend-decider. It can flare upto Rs 339 or Rs 343. Below Rs 335 it can slide to Rs 331.

SBI: Buy with stop loss of Rs 242. It can flare upto Rs 253 or Rs 258. On downside it can slide to Rs 237.

ITC: The level of Rs 730 is a trend-decider. It can flare upto Rs 755 or expect a level of Rs 777. Below Rs 730 it can slide to Rs 685 and thereafter expect a free fall to Rs 660. Don't panic at lower levels.

Global Tele: Buy with stop loss of Rs 1371 and Rs 1354. It can go to Rs 1425 and thereafter zoom to Rs 1460. Don't remain short after that level.

Himachal: The level of Rs 1030 is a trend-decider. It can flare upto Rs 1080 (if it remains above Rs 1055) and thereafter it can zoom upto Rs 1110, don't remain short above this level. Below Rs 1030 it can slide to Rs 1005 and thereafter expect a free fall.

Silverline: Buy with stop loss of Rs 878 and Rs 869. It can flare upto Rs 926 ( if it crosses Rs 902). Above Rs 926 it can jump to Rs 955.

Satyam: The level of Rs 2711 is a trend-decider. It can flare upto Rs 2760. On downside it can slide to Rs 2662 and thereafter Rs 2610.

Pentamedia: The level of Rs 1315 is a trend-decider. It can flare upto Rs 1390 or Rs 1425. On downside it can slide to Rs 1280.

Zee: Buy with stop loss of Rs 1260. It can flare upto Rs 1305 or expect a level of Rs 1330. Below Rs 1260 it can slide to Rs 1230.

Ranbaxy: The level of Rs 926 is a trend-decider. It can flare upto Rs 944 or Rs 965. It can slide to Rs 905 and thereafter expect a free fall to Rs 890.

Sterlite: Buy with stop loss of Rs 662 and Rs 652. It can flare upto Rs 695 or expect a jump to Rs 715. But it has to remain above Rs 673.

Apollo Tyres: The level of Rs 213 is a trend-decider. It can flare upto Rs 218 or Rs 225. Below Rs 213 it can slide to Rs 206 and thereafter expect a free fall.

HCL Technologies: The level of Rs 2145 is a trend-decider. It can flare upto Rs 2277 (if it crosses Rs 2210). Below Rs 2145 it can slide to Rs 2095 or Rs 2050. Buy this stock on every decline.

HDFC: The level of Rs 330 is a trend-decider. It can flare upto Rs 338 or Rs 345. Below Rs 330 it can slide to Rs 320.

BSES: The level of Rs 207 is a trend-decider. It can flare upto Rs 212 or Rs 218. It can slide to Rs 200.

Digital Equipment: The level of Rs 1325 is a trend-decider. It can flare upto Rs 1352. On downside it can slide to Rs 1270 or expect a free fall to Rs 1242 or Rs 1215.

Stocks

Tell us what you think of this feature