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Money > Stocks > Technicals > Daily technicals February 21, 2001 |
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Trading strategy for February 26, 2001BSE Sensex: The index failed to cross any hurdle and has closed on an extremely weak note. On the upper side, it has an immediate hurdle at 4280 points and thereafter at 4380 points. On the lower side, next support lies at 4006 points. Zee: The stock has broken another reference point of Rs 215 and has entered in a fresh bear phase. There are no short-term supports at this stage. On the upper side, it has an immediate hurdle at Rs 238. Wipro: The stock is close to its immediate base of 2400. No long positions are recommended at this stage. On the upper side, it has an immediate hurdle at Rs 2650. DSQ Software: The stock has support at Rs 350 levels. The outlook in the stock continues to be negative. It has an immediate resistance at Rs 400 and thereafter at Rs 430. Tata Power: The stock has broken major support of Rs 152 and has closed on a negative note. The level of Rs 175 would act as a major hurdle for the stock. Arc Investments & Consulting
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