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Home > Money > Stocks > Technicals > Daily technicals
July 18, 2001
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Trading strategy for July 19, 2001

BSE Sensex: Immediate base of 3400 has been breached and the index has closed below this level. Immediate resistance is at 3450.

Infosys: The stock has been moving in a sideways direction. It has a good base at 3615, below which short positions can be taken with a stop loss of Rs 3750.

Digital: The stock has broken its immediate base of Rs 483 and has closed on a negative note. Immediate hurdle lies at Rs 510. Short-term outlook has turned negative.

HLL: The stock has taken resistance near its major barrier of Rs 226. Though the stock has performed well, in the short run, any long positions should be taken only above this level. Major base lies at Rs 192.

Dr Reddy: The stock has a strong barrier at Rs 1656. The counter is in a major uptrend and is further likely to do better. Medium-term players can take long positions above Rs 1656, with Rs 1525 as a stop loss.

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