|
||
|
||
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 8, 2001 |
Feedback |
|
Trading strategy for June 11, 2001BSE Sensex: The level of 3400 points continues to act as a support level for the index. Market continues to be in a bear phase and the outlook does not look very bright. Next hurdle lies at 3640 points Digital: Digital and Wipro are the only two frontline technology based stocks which are in a medium-term uptrend. Digital has made a medium-term base at Rs 500. On the upper side, it is likely to face an immediate hurdle at Rs 595. Himachal: The position of the stock is negative and is further likely to deteriorate below Rs 134. It has an immediate resistance at Rs 150. Crest Communication: The stock has posted a break out and the outlook is further likely to improve. It has a good base at Rs 56, which can be used as a stop loss. The next major hurdle lies at Rs 110. Corporation Bank: The stock has broken out and is approaching a resistance free area. The counter is entering a major bull phase. Medium-term players can use Rs 128 as a stop loss for the counter. Arc Investments & Consulting
|