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December 1, 1999

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Trading Strategy for Decmber 1, 1999

Sensex: The level of 4612 is a trend decider. On upper side it can flare up to 4625 or up to 4632. On the downside it can fall to 4605 or to 4592 level.

Nifty: The level of 1378 is a trend decider. On upper side it can flare up to 1386 or up to 1395. On the downside it can fall to 1369 or to 1361.

Infosys: The level of Rs 9,204 is a trend decider. On upper side it can flare up to Rs 9,280 or up to Rs 9,355. On the downside it can fall to Rs 9,100 or to Rs 8,951 level.

Zee Tele: The level of Rs 6,687 is a trend decider. On upper side it can flare up to Rs 6,975 or up to Rs 7,047. If it trades below Rs 6,831 then it can slide to Rs 6,760 or to Rs 6,687.

Ranbaxy: The level of Rs 991 is a trend decider. On upper side it can flare up to Rs 1,007 or up to Rs 1,023. On the downside it can slide to Rs 975 and there after expect a free fall.

Silverline: The level of Rs 573 is a trend decider. On upper side it can flare up to Rs 594 or up to Rs 605. On the downside it can slide to Rs 562. Scrip looks very fantastic buy !

Rolta: Buy with stoploss of Rs 201. On upper side it can flare up to Rs 212 or up to Rs 218. On the downside if it breaks Rs 201 then it can slide to Rs 195.

Satyam: The level of Rs 1,933 is a trend decider. On upper side it can flare up to Rs 1,960. On the downside expect a fall up to Rs 1,890 and there after expect a free fall.

Pentafour: Buy on every decline! Buy with stop loss of Rs 852,on upper side it can flare up to Rs 883 or up to Rs 900. On the downside after breaking Rs 852 it can slide to Rs 836.

Global Tele: The level of Rs 678 is a trend decider. On upper side it can flare up to Rs 692 or up to Rs 702. On the downside it can slide to Rs 668.

Himachal Fut: Buy with stop loss of Rs 421. On upper side it can flare up to Rs 445 or up to Rs 457. Buy on every decline! Buy with stop loss of Rs 852,on upper side it can flare up to Rs 883 or up to Rs 900. On the downside after breaking Rs 852 it can slide to Rs 836.

Global Tele: The level of Rs 678 is a trend decider. On upper side it can flare up to Rs 692 or up to Rs 702. On the downside it can slide to Rs 668.

Himachal Fut: Buy with stop loss of Rs 421. On upper side it can flare up to Rs 445 or up to Rs 457.

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