Rediff Logo
 Money
Line
Channels: Astrology | Broadband | Chat | Contests | E-cards | Money | Movies | Romance | Search | Weather | Wedding
                 Women
Partner Channels: Auctions | Auto | Bill Pay | Jobs | Lifestyle | TechJobs | Technology | Travel
Line
Home > Money > Stocks > Technicals > Daily technicals
February 2, 2001 		Feedback  
  Money Matters

 -  Business Special
 -  Business Headlines
 -  Corporate Headlines
 -  Columns
 -  IPO Center
 -  Message Boards
 -  Mutual Funds
 -  Personal Finance
 -  Stocks
 -  Tutorials
 -  Search rediff

    
      

 
 Search the Internet
         Tips
 Sites: Finance, Investment
E-Mail this report to a friend
Print this page

Trading strategy for February 5, 2001

BSE Sensex: The importance of level 4220 as a support level has increased significantly. On the upper side, minor resistance lies at Rs 4420.

Infosys: The stock is close to its medium term resistance of Rs 7000, above which the outlook will improve substantially. Next hurdle for the stock lies at Rs 7800. It has an immediate support at Rs 6840 and major support at Rs 6620.

Satyam: The stock is in medium term uptrend. It has an immediate support at Rs 400 and therafter at Rs 392. The stock has a major hurdle at Rs 430, above which the outlook will improve further.

Global: The counter is still in a decisive downtrend and no long positions are recommended. It has an immediate hurdle at Rs 710. It has next support at Rs 630.

Reliance: The counter is on its one year high and the move on the upper side could get smoother. While the stock has an immediate support at Rs 391, major support lies at Rs 372.

Arc Investments & Consulting

Money

Daily technicals

Tell us what you think of this report