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July 16, 2001
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Money > Stocks > Technicals > Daily technicals July 16, 2001 |
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Trading strategy for July 17, 2001BSE Sensex: The index could not cross its immediate hurdle of 3515 points on Monday. The next base lies at 3400 points. Sideways to bearish movements is likely to continue. Infosys: The stock has failed to show any significant bounce and has closed on a negative note. It is likely to face a hurdle at Rs 3770. Next base lies at around Rs 3450. Digital: The stock has managed to hold itself. It has an immediate resistance at Rs 510 and the outlook is likely to improve only above this level. Next base is at Rs 455. Zee: The stock has made a good base at Rs 101, below which the outlook is likely to turn negative. Immediate hurdle lies at Rs 112. NIIT: The performance of the stock has been far from impressive in the last two days and the outlook continues to remain negative. Minor base lies at Rs 276, whereas a strong hurdle lies at Rs 360. Arc Investments & Consulting
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