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October 11, 2000
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Money > Stocks > Technicals > Daily Technicals October 11, 2000 |
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Trading strategy for October 12, 2000BSE Sensex: On the lower side there are no immediate major supports until 3200 and the Sensex is likely to make fresh supports in due trading sessions. On the upper side, it has an immediate resistance at 3900 and thereafter a major hurdle lies at 4200 points. Wipro: This stock is approaching its last support level of Rs 2110 and after this the next support is only at Rs 1474. On the upper side immediate resistance lies at Rs 2350 and a major hurdle is at Rs 2600. Satyam Computer: The stock has broken all immediate supports and has closed on a negative note. On the upper side, it has an immediate resistance at Rs 425 and thereafter at Rs 495. SSI: This stock too is moving towards its last support level of Rs 1850. On the upper side, it has an immediate resistance at Rs 2175 and a major hurdle is at Rs 2400. HCL Technologies: The stock has broken all support levels and is set to enter a fresh bear phase. Immediate resistance lies at Rs 1200. Arc Investments & Consulting
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