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February 1, 2001
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Money > Stocks > Technicals > Daily technicals February 1, 2001 |
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Trading strategy for February 2, 2001BSE Sensex: The index has made a good support at 4220, below which the short-term outlook will turn negative. On the upper side, it has a minor resistance at 4340 points. Himachal: The stock has closed below its medium term support level of Rs 1070. Overall outlook in the stock is negative. The stock has a minor support at Rs 983. In the medium term, it will face a major hurdle at Rs 1300. Infosys: Though the stock is positioned well, the short-term outlook is likely to weaken below Rs 6630. It will face resistance at Rs 6900. Wipro: The stock has good support at Rs 2680, below which the outlook is likely to deteriorate. It has major resistance at Rs 2900. L&T: The stock has crossed a minor resistance of Rs 255 and has closed on a strong note. The outlook will further improve above Rs 258. It has an immediate support at Rs 245. Arc Investments & Consulting
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