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November 6, 2000 		Feedback  
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Trading strategy for November 7, 2000

Sensex: The sensex has made an immediate hurdle at 4004 points. On the lower side it has an immediate support at 3890 points.

Global Tele: Global Tele has a strong resistance at Rs 1140. Short term outlook for the stock is bearish. Immediate support is at Rs 1065 and thereafter at Rs 1020.

Wipro: The stock has closed near its major base of Rs 2320 and the outlook will deteriorate below this level. Next support for the stock is at Rs 2220. On the upper side it has major hurdle at Rs 2440.

SSI: It has made a double top at Rs 2045. Above this level short-term outlook could improve. On the lower side side immediate support is at Rs 1981 and major base is at Rs 1950 below which the outlook will further turn negative.

Tisco: Immediate resistance for Tisco is at Rs 109. Nearest support is at Rs 105 and a major base is at Rs 94.

Arc Investment & Consulting

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Daily technicals

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