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October 10, 2000 		Feedback  
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Trading strategy for October 11, 2000

Sensex: Finally, the sensex took the expected direction and closed on a weak note at 3947 points. Next support is at 3830 points and on the upper side major hurdle is at 4200 points.

Infosys: The stock has a strong resistance at Rs 7500 which would act as a major hurdle. On the lower side last short term support is at 7200.

Pentamedia: The stock has an immediate resistance at Rs 414 and the next major hurdle is at Rs 425. On the lower side it has an immediate support at Rs 400.

Zee Tele: The stock has broken yet another support level of Rs 420. Immediate support for the stock is at Rs 400. On the upper side, it has an immediate resistance at Rs 425 and the next major hurdle is at Rs 440.

MTNL: The stock is close to its short-term resistance of Rs 128. Immediate support lies at Rs 120, below which short-term outlook will turn negative.

Arc Investments & Consulting

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Daily Technicals

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