Women
Partner Channels: Auctions | Auto | Bill Pay | Jobs | Lifestyle | TechJobs | Technology | Travel
May 3, 2001
|
|
|
|
|
|
||
|
Channels: Astrology | Broadband | Chat | Contests | E-cards | Money | Movies | Romance | Search | Weather | Wedding Women Partner Channels: Auctions | Auto | Bill Pay | Jobs | Lifestyle | TechJobs | Technology | Travel |
||
|
|
||
|
Home >
Money > Stocks > Technicals > Daily technicals May 3, 2001 |
Feedback | |
|
Trading strategy for May 4, 2001BSE Sensex: The level of 3586 points continues to act as a strong resistance in the short-term. On the lower side, it has an immediate support at 3455 points. Infosys: The stock did manage to cross its hurdle of Rs 4000, but could not sustain itself at higher levels. It has its immediate resistance at Rs 3940, above which long positions can be taken with a stop loss of Rs 3800. Major support for the stock is at Rs 3300. Global: The stock is close to its support level of Rs 173, below which the outlook will further deteriorate. On the upper side, it has an immediate hurdle at Rs 195. Long positions should be avoided in the counter. Reliance: The stock has crossed its first hurdle of Rs 346 and has closed at about the same levels. Long positions can be taken with Rs 338 as a stop loss. Cipla: The stock has a strong resistance at Rs 1160, above which the medium-term players can take long positions with Rs 1020 as a stop loss. Arc Investments & Consulting |
||||
