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January 24, 2001
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Money > Stocks > Technicals > Daily technicals January 24, 2001 |
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Trading strategy for January 25, 2001BSE Sensex: The index has crossed its minor hurdle of 4332 and has closed on a strong note. It has an immediate support at 4300 and then at 4220. Satyam: The stock has broken its first resistance and has closed on a strong note. It has an immediate support at Rs 414 and a major short-term support at Rs 407. The stock is likely to accelerate above Rs 422.
SSI: The stock has made an immediate base at Rs 1455. It has an immediate hurdle at Rs 1520. There is a major short-term support at Bhel: The stock has a good base at Rs 155. It has an immediate hurdle at Rs 157. One can take long positions above this level with a stop loss of Rs 155. Cipla: The stock has a good base at Rs 1090. There is an immediate hurdle at Rs 1110. One can take long positons above this level with Rs 1090 as a stop loss.
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