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October 24, 2000
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Money > Stocks > Technicals > Daily Technicals October 24, 2000 |
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Trading strategy for October 25, 2000Sensex: With the help of Infosys, Satyam and Reliance the Sensex closed at the day's high. While the immediate base is at 3585 points the next hurdle exists at 3760 points. Himachal: The stock remained firm and closed near the day's high. It has a strong hurdle at Rs 1250, immediate base for the stock is at Rs 1040 below which the position will weaken. Dig Equipment: It hit the upper circuit at 8 per cent but has resistance at every level. The next hurdle is at Rs 470. Immediate support for the stock is at Rs 430. NIIT: The stock has made a good base at Rs 1600 below which the position will weaken. Immediate hurdle is at Rs 1710 and the next resistance for the stock is at Rs 1800. Sterlite: Sterlite has made a base at Rs 147 which can be considered as stop loss for long positions. Strong resistance is likely in the range of Rs 170-180. Arc Investments & Consulting
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