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Money > Stocks > Technicals > Daily technicals May 8, 2001 |
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Trading strategy for May 9, 2001BSE Sensex: The Sensex continues to face a hurdle at 3650 points. The outlook will deteriorate below 3540 points. Next support lies at 3460 points. Satyam: The stock has an immediate hurdle at Rs 255. Immediate support for the stock lies at Rs 235, below which the short-term outlook is likely to deteriorate. Digital: The stock is close to its major hurdle of Rs 555. It has an immediate support at Rs 530, which should be used as the short-term support level. ACC: The stock has been moving sideways. It has an immediate hurdle at Rs 143, above which long positions can be taken with Rs 140 as a stop loss. MTNL: The stock has crossed its first minor hurdle of Rs 150 and has closed on a strong note. Next major hurdle lies at Rs 160. The stock has a good base at Rs 145. Arc Investments & Consulting |