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Home > Money > Stocks > Technicals > Daily technicals
July 5, 2001
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Trading strategy for July 6, 2001

BSE Sensex: From the index point of view, there was not much movement and the level of 3286 continues to act as an immediate support. Minor hurdle is at 3340 points.

Balaji Telefilms: The stock continues to remain firm and an immediate base lies at Rs 200. Outlook will further improve above Rs 218.

SSI: The stock has an immediate resistance at Rs 305 and any short-term position will improve above this level. However, the medium-term outlook continues to be negative.

L&T: The stock is close to its immediate hurdle of Rs 216. Outlook continues to be negative and will further deteriorate below Rs 206. Major resistance lies at Rs 225.

Reliance: The counter failed to cross even its immediate top of Rs 338, which would act as an immediate hurdle. The outlook will further deteriorate below Rs 322.

HLL: The stock has made defined medium-term levels. It has a strong hurdle at Rs 210 and the outlook is likely to improve only above this level. On the lower side, the level of Rs 170 would act as a strong support. However, immediate base lies at Rs 195.

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Daily technicals

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