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November 29, 1999

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Trading Strategy for November 29, 1999

Sensex: The level of 4723 is a trend decider, on upper side it can flare up to 4750 and the level of 4799 is major resistance. On downside it can slide to 4676 or to 4650 level.

Nifty: The level of 1404 is a trend decider, on upper side it can flare up to 1413. On the downside it can slide to 1390 or to 1381.

ITC: Buy above or sell with stoploss of Rs 736, on downside it can slide to Rs 717 or to Rs 706. On upper side it can jump up to Rs 747.

SBI: The level of Rs 236 is a trend decider, on upper side it can flare up to Rs 239. On the downside it can slide to Rs 231 or to Rs 228.

Tisco: The level of Rs 150 is a trend decider. On upper side it can flare up to Rs 153 and there after it can flare up to Rs 157. On the downside it can slide to Rs 146 or to Rs 143. Buy this stock on every decline. Have an eye on Sail.

Sterlite: The level of Rs 406 is a trend decider. On upper side it can flare up to Rs 419 and there after don't remain short. On the downside it can slide to Rs 397 or to Rs 384.

Ranbaxy: The level of Rs 995 is a trend decider. On upper side it can flare up to Rs 1,008 and there after it can flare up to Rs 1,027. On the downside it can slide to Rs 976 or to Rs 963.

L&T: The level of Rs 415 is a trend decider. On upper side it can flare up to Rs 420. On the downside it can slide to Rs 406 or to Rs 401.

Satyam: Read weekly trading strategy! For today's trading, buy this stock with stoploss of Rs 1,893. On upper side it can flare up to Rs 1,956 or up to Rs 1,995.

Pentafour: Buy with stoploss of Rs 731. On upper side it can flare up to Rs 762 or up to Rs 781. On the downside it can slide to Rs 712.

Infosys: The level of Rs 9,652 is a trend decider. On upper side it can flare up to Rs 9,750 and there after don't remain short. On the downside it can slide to Rs 9,514.

Zee Tele: Buy with stop loss of Rs 5,817 level. On upper side it can flare up to Rs 6,000 level, if it starts trading above Rs 5,908. Above 6000 don't remain short. On the downside it can slide up to Rs 5,746.

Global Tele: Buy with stop loss of Rs 638. On upper side it can flare up to Rs 664 or up to Rs 682. If it breaks Rs 638 it can slide to Rs 621.

Himachal Fut: The level of Rs 408 is a trend decider. On upper side it can flare up to Rs 415 or up to Rs 421. On the downside it can slide to Rs 402. Buy this stock on every decline.

Silverline: Buy with stop loss of Rs 497, on upper side it can flare up to Rs 508 or up to Rs 518. On the downside it can slide to Rs 488. There after don't remain long.

Rolta: Buy with stop loss of Rs 174, on upper side it can flare up to Rs 183 or up to Rs 187. On the downside it can slide to Rs 170.

Neuland Lab: The level of Rs 182 is a trend decider. On upper side it can flare up to Rs 198. Buy this stock on every decline

McDowell: Grab this stock in morning session itself, ready to spurt very heavily. Consider Rs 167 as support level. On upper side it can flare up to Rs 178 or up to Rs 185.

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