Women
Partner Channels: Bill Pay | Health | IT Education | Jobs | Technology | Travel
June 4, 2001
|
|
|
|
|
|
||
|
Channels: Astrology | Broadband | Chat | Contests | E-cards | Money | Movies | Romance | Search | Weather | Wedding Women Partner Channels: Bill Pay | Health | IT Education | Jobs | Technology | Travel |
||
|
|
||
|
Home >
Money > Stocks > Technicals > Daily technicals June 4, 2001 |
Feedback | |
|
Trading strategy for June 5, 2001BSE Sensex: After breaking its support of 3620 points, the position seems to be only getting worse. It has an immediate hurdle at 3660 points. The next support is at 3400 points. One could expect only short-lived rallies from these levels. Wipro: The stock has broken a crucial support of Rs 1640 and the outlook has turned negative. On the upper side, it has an immediate resistance at Rs 1600 and thereafter at Rs 1725. Tisco: The stock has broken an important support of Rs 138 and has closed on a negative note. The short-term outlook seems negative and further support lies at Rs 130 level. On the upper side, the level of Rs 145 would act as a strong resistance. ACC: The stock managed to stay strong for most part of the trading session. The outlook is likley to improve above Rs 143 and long positions can be taken above this level, with a stop loss of Rs 140. Bhel: The stock is in a medium-term uptrend. It has a minor resistance at Rs 188, above which long positions can be taken with Rs 183 as a stop loss. Arc Investments & Consulting
|
||||
