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

BSE Sensex: For yet another day the index has been moving sideways and the outlook would improve above 3650 points.

Satyam: The stock has a major base at Rs 222, below which the outlook is further likely to turn negative. On the upper side, immediate resistance lies at Rs 236 and thereafter at Rs 256.

Himachal: Immediate support for the stock lies at Rs 152. On the upper side, it is likely to face a hurdle at Rs 167.

Digital: The stock has an immediate resistance at Rs 500 and thereafter at Rs 555. Immediate support lies at Rs 469.

Reliance: The stock is close to its immediate hurdle of Rs 368. On the lower side, an immediate base is at Rs 349 and then at Rs 336.

Arc Investments & Consulting

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Daily technicals

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