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March 9, 2001
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Money > Stocks > Technicals > Daily technicals March 9, 2001 |
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Trading strategy for March 12, 2001BSE Sensex: The Sensex traded nowhere near its hurdle of 4115, which continues to remain as immediate resistance. It has a major base at 3800, below which the outlook will deteriorate further. Infosys: The stock has taken support near its immediate base of Rs 4690. The outlook is likely to worsen below this level. On the upper side it will face a hurdle at Rs 5350. Zee Tele: The stock has an immediate base at Rs 104, which would act as a good support. On the upper side it will face a major hurdle at Rs 148. M&M: The stock has broken a medium term support of Rs 150 and has closed on a negative note. The next support is at Rs 120. On the upper side it has immediate hurdle at Rs 155. Raymond: The stock has a medium term base at Rs 133, below which the outlook is likely to deteriorate. The next support lies at Rs 120. On the upper side it is likely to face a hurdle at Rs 145. Arc Investments & Consulting
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