Trading Strategy for September 21, 2000

Sensex: The rally in the sensex is only of a corrective nature and long positions in any counter should be avoided at this stage. On the lower side the sensex has support at 4230 points. Immediate resistance lies at 4400 points.

SSI: The stock has a major resistance at Rs 2800. On the lower side, it has an immediate support at Rs 2620. Next major support for the stock lies at Rs 2500.

DSQ Software: The stock has an immediate resistance at Rs 630 and thereafter at Rs 700. On the lower side, it has an immediate support at Rs 580 and thereafter at Rs 560.

Global Tele: The stock has an immediate support at Rs 1380 and thereafter at Rs 1280. On the upper side, it has an immediate resistance at Rs 1460 and therafter at Rs 1550.

HLL: The stock has closed near its major medium term support of Rs 225. Next support lies at Rs 205. On the upper side, it has a major resistance at Rs 260.

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