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May 10, 2001 		Feedback  
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Trading strategy for May 11, 2001

BSE Sensex: The index has been moving in a sideways direction and a move either side is imminent. On the upper side, 3650 continues to be a major hurdle. The fall could gather momentum below 3540 points.

Zee: The stock has a good support at Rs 99, below which the outlook is likely to turn negative. On the upper side, it has a hurdle at Rs 106.

Grasim: The stock has an immediate base at Rs 295. It has an immediate resistance at Rs 306, above which long positions can be taken.

Tata Power: The stock has made a minor hurdle at Rs 128, above which long positions can be taken with Rs 124 as a stop loss.

Sterlite Opticals: The stock has a medium-term support at Rs 360, which can be used as a stop loss for all long positions. On the upper side, a minor hurdle lies at Rs 400.

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Daily technicals

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