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Money > Stocks > Technicals > Daily technicals June 5, 2001 |
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Trading strategy for June 6, 2001BSE Sensex: Immediate resistance for the Sensex lies at 3520 points and thereafter at 3660 points. Though a bounce is not ruled out, outlook continues to remain negative. Wipro: The stock has an immediate resistance at Rs 1600 and the short-term outlook is likely to improve above this level. The outlook is further likely to deteriorate below Rs 1520. Satyam: The stock has an immediate resistance at Rs 210 and thereafter at Rs 225. The outlook continues to be negative. Digital: The stock is one of the few strong tech-based counters. The outlook is likely to improve above Rs 548. It has an immediate base at Rs 510. Pentamedia: Large trading volumes are witnessed in the counter. It has an immediate base of Rs 92, below which the outlook is likley to turn negative. Immediate resistance lies at Rs 102, above which the outlook will further improve. Arc Investments & Consulting
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