Books
Columnists
Indian Tax
Insurance
Interview
Mutual Funds
NRI Tax
Personal Finance
Personal Banking
Real Estate
Stocks

Trading strategy for February 15, 2000

Zee Telefilms: Zee has done exceedingly, and is likely to advance further. It has a good base at Rs 1350 which can be used a stop loss for long position. Thereafter, the stock has supports at Rs 1300 and Rs 1200 respectively.

Silverline: It has an immediate support at Rs 1160 which can be used as reference point for long positions. On the upper side, it has a minor resistance at Rs 1205.

DSQ Software: DSQ remained strong for a major part of the day, and appears promising. The stock has a good base at Rs 1380 which can be used as a stop loss. One can add further long positions above Rs 1495.

ITC: ITC has made a support at Rs 920 which can be used as a reference point for long positions. On the upper side, it has an immediate resistance at Rs 960, above which long positions can be taken.

SBI: It has managed to cross its short-term resistance levels and is likely to advance further. For long positions, the stop loss should be Rs 256.

Wipro: It has made an immediate support at Rs 6350 which can be used as a reference point for an exit.

Stocks

Tell us what you think of this feature