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June 20, 2001
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Money > Stocks > Technicals > Daily technicals June 20, 2001 |
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Trading strategy for June 21, 2001BSE Sensex: The outlook continues to be negative. Sensex has an immediate support at 3360 and then at 3300 points. It continues to have a major hurdle at 3520 points. Sterlite Optical: The stock has an immediate base at Rs 350 below which the outlook is likely to turn more negative. It has an immediate hurdle at Rs 370. HPCL: The stock has a medium term base at Rs 155, which can be used as a stop loss for all long positions. On the upper side it has major hurdle at Rs 185. Tata Tea: The stock is approaching its major base of Rs 190, below which the medium term outlook turns negative. On the upper side it is likely to face a strong hurdle at Rs 250. Unless this level is crossed no long positions are recommended. PSI Data: The stock has an immediate base at Rs 140, which can be used as a stop loss for all long positions. It has an immediate hurdle at Rs 195. Arc Investments & Consulting
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