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June 27, 2001 		Feedback  
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Trading strategy for June 28, 2001

BSE Sensex: Immediate support for the index lies at Rs 3370 and a major base yet lies at Rs 3290.

Wipro: The stock has posted high volumes and the level of Rs 1500 would act as a strong resistance. On the lower side, the outlook for the counter would turn negative below Rs 1320.

Satyam: The outlook continues to be negative and will further deteriorate below Rs 162. On the higher side, immediate resistance is at Rs 180.

Zee: This is among the better counters. Immediate support lies at Rs 108 and thereafter at Rs 100. The outlook is likely to improve above Rs 122.

L&T: The bounce in the stock can be used as an opportunity to make an exit. It is close to its immediate resistance of Rs 222. Minor support lies at Rs 216.

Arc Investments & Consulting

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Daily technicals

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