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Home > Money > Stocks > Technicals > Daily technicals
February 6, 2001
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Trading strategy for February 7, 2001

BSE Sensex: The level of 4405 remains a minor hurdle for the Sensex. It has a short-term support at 4340 and a good support at 4240 points.

SSI: The stock has an immediate support at Rs 1460 and then at Rs 1380. It has posted a double top at Rs 1520, above which the outlook will improve substantially. One can take long positions above this level with Rs 1480 as a stop loss.

DSQ Software: The stock has a strong hurdle at Rs 440 and the move is likely to gain further momentum above this level. It has an immediate support at Rs 420.

Infosys: The stock has a good support at Rs 6640, below which short positions can be taken, with a stop loss of Rs 6750. The outlook will improve only above Rs 6900.

MTNL: The stock has an immediate resistance at Rs 202, above which long positions can be taken with Rs 194 as a stop loss.

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Daily technicals

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