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July 25, 2001
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Money > Stocks > Technicals > Daily technicals July 25, 2001 |
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Trading strategy for July 26, 2001BSE Sensex: The outlook for the Sensex continues to be weak, though a minor bounce cannot be ruled out. It has an immediate hurdle at 3340 points. Digital Equipment: The counter has broken a major base of Rs 436. It has an immediate resistance at Rs 450 and a minor support at Rs 393. Pentamedia: The stock has broken its major base of Rs 61 and the outlook is likely to deteriorate further. It has an immediate hurdle at Rs 67. Grasim: The counter continues to be in an uptrend. It has an immediate medium term support at Rs 287, which should be used as a stop loss for all long positions. Its outlook will improve above Rs 350. Tata Power: The stock has broken its support of Rs 140 and has fallen significantly from that level. Any bounce should be used as an opportunity to exit the stock. Last support level is Rs 117. Arc Investments & Consulting
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