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Trading Strategy for November 19, 1999

Sensex: The level of 4570 is a trend decider, on upper side it can flare up to 4630 or up to 4658 level. If it breaks 4570 then expect a fall to 4540.

Nifty: The level of 1358 is a trend decider, on upper side it can flare up to 1372 or up to 1380. Below 1358 it can slide to 1350.

L&T: Buy with stoploss of Rs 404, on upper side it can flare up to Rs 421 or up to Rs 429. If it breaks Rs 404 it can slide to Rs 396.100% corrective rally.

M&M: Buy with stoploss of Rs 398, on upper side it can flare up to Rs 418 or up to Rs 430. For more details read weekly trading strategy, one of the best stocks that will spurt very heavily.

Satyam: The level of Rs 1,609 is a trend decider, on upper side it can flare up to Rs 1,647or up to Rs 1,662. On the downside after breaking Rs 1,609 it can slide to Rs 1,580.

Ranbaxy: The level of Rs 927 is a trend decider, on upper side it can flare up to Rs 950 or up to Rs 970. On the downside it can slide to Rs 907, there after expect a free fall.

Silverline: Buy with stoploss of Rs 432, on the upper side it can flare up to Rs 448 or up to Rs 456. On the downside it can slide to Rs 432 or it can slide to Rs 424.

Pentafour: The level of Rs 640 is a trend decider, on the upper side it can flare up to Rs 658 or up to Rs 670. On the downside it can slide to Rs 628.

Infosys: Buy with stoploss of Rs 8,485, on the upper side it can flare up to Rs 8,770 or up to Rs 8,866. On the downside it can slide to Rs 8,390.

NIIT: Buy with stoploss of Rs 2,373, on the upper side it can flare up to Rs 2,476 or up to Rs 2,502 or expect a level of Rs 2,528.

Zee Tele: Buy with stoploss of Rs 4,998, on the upper side it can flare up to Rs 5,122 or up to Rs 5,246. On the downside it can slide to Rs 4,907 or expect a level of Rs 4816.

DSQ Software: The level of Rs 371 is a trend decider, on upper side it can flare up to Rs 384 or up to Rs 394. On the downside it can slide to Rs 361.

Global Tele: The level of Rs 483 is trend decider, on the upperside it can flare up to Rs 501 or expect a jump up to Rs 511. On the downside it can slide to Rs 473.

Himachal Fut: Buy with stoploss of Rs 346, on the upper side it can flare up to Rs 359 or up to Rs 366. On the downside it can slide to Rs 339. Buy this stock on every decline.

VSNL: Buy above Rs 1,701, on the downside it can slide to Rs 1,617 & there after expect a free fall. Above Rs 1,701 it can flare up to Rs 1,753.

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