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Trading Strategy for Decmber 3, 1999

Sensex: The level of 4678 is a trend decider. On upper side it can flare up to 4740 & there after it can flare up to 4792. On the downside it can slide to 4626 and there after expect a free fall.

Nifty: The level of 1406 is a trend decider. On upper side it can flare up to 1425. On the downside it can slide to 1398 or to 1391.

Telco: The level of Rs 230 is a trend decider. On upper side it can flare up to Rs 237 or up to Rs 244. On the downside it can slide to Rs 223 and there after expect a free fall.

Colgate: The level of Rs 239 is a trend decider. On upper side it can flare up to Rs 247 or up to Rs 253. On the downside it can slide to Rs 233.

Infosys: The level of Rs 9,340 is a trend decider. On upper side it can flare up to Rs 9,395 or up to Rs 9,450. On the downside it can slide to Rs 9,260 or to Rs 9,180.

Digital Equipment: Buy above Rs 751 level only. On the downside it can slide to Rs 722 or to Rs 704. Above Rs 751 it can flare to Rs 770.

Silverline: The level of Rs 588 is a trend decider. On upper side it can flare up to Rs 601 and there after it can flare up to Rs 616. On the downside it can slide up to Rs 573.

Rolta: Buy above Rs 198 level only. On the downside it can slide to Rs 184 or to Rs 176, above Rs 198. On upper side it can flare up to Rs 206.

Satyam: The level of Rs 2008 is a trend decider. On upper side it can flare up to Rs 2,056 or Rs 2,097. On the downside it can slide to Rs 1,987 or to Rs 1,967.

Pentafour: The level of Rs 880 is a trend decider. On upper side it can flare up to Rs 898 or up to Rs 925. On the downside it can slide to Rs 854.

Zee Tele: Buy with stop loss of Rs 6,320 or to Rs 6280. On upper side it can flare up to Rs 6,450 or up to Rs 6,620.

Ranbaxy: The level of Rs 1,059 is a trend decider. On upper side it can flare up to Rs 1,108 or up to Rs 1,135. On the downside it can slide to Rs 1,033.

BPCL: The level of Rs 376 is a trend decider. On upper side it can flare up to Rs 397 or up to Rs 410. On the downside it can slide to Rs 363.

ITC: The level of Rs 709 is a trend decider. On upper side it can flare up to Rs 715 or up to Rs 725. On the downside it can slide to Rs 700 and there it can slide to Rs 688.

HLL: The level of Rs 2,348 is a trend decider. On upper side it can flare up to Rs 2,405 and there after don't remain short. On the downside it can slide to Rs 2,305.

SSI: The level of 1433 is a trend decider. On upper side it can flare up to Rs 1,506 or up to Rs 1,543. If it breaks Rs 1,433 then it can slide to Rs 1,396.

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