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Money > Stocks > Technicals > Daily technicals June 21, 2001 |
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Trading strategy for June 22, 2001BSE Sensex: The index has a minor hurdle at 3430 points. Immediate support lies at Rs 3360. Wipro: The stock has a major hurdle at Rs 1590. It has made an intra-day double bottom at Rs 1480, below which the outlook will further turn negative. Infosys: The position of the stock continues to be weak and the fall is likely to gather momentum below Rs 3300. On the upper side, there is an immediate hurdle at Rs 3500. Balaji Tele: The stock has posted an intra-day double top at Rs 194, which is likely to act as an immediate resistance. Next support lies at Rs 175. HCL Tech: The stock has broken an important support level of Rs 355 and has turned weak. No long positions are recommended. On the upper side, it has an immediate resistance at Rs 365. Minor support lies at Rs 320. Arc Investments & Consulting
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