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December 16, 2000 		Feedback  
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Trading strategy for December 19, 2000

Sensex: The index has a good support at 4100 points below which the short term outlook will further turn negative. On the upper side minor resistance lies at 4210 and major hurdle is at 4330 points.

ACC: The stock has a good support at Rs 157, below which short-term positions can be liquidated. On the upper side the stock will face hurdle at Rs 170.

MTNL: The stock has broken an important base of Rs 178 and has closed on a very weak note. Immediate hurdle lies at Rs 184 and thereafter at Rs 189.

HLL: The stock has a good base at Rs 190, below which the long positions should be liquidated. Next major hurdle for the stock is at Rs 220.

M&M: The stock has a good support at Rs 160. This can be used as a stop loss for long positions. Immediate hurdle for the stock is at Rs 172.

Arc Investment & Consulting

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Daily Technicals

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