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January 27, 2001
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Money > Stocks > Technicals > Daily technicals January 27, 2001 |
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Trading strategy for January 29, 2001BSE Sensex: The index continued with its upward march. It made a minor support at 4260. On the upper side, it has yet to make a fresh resistance. Satyam: The stock has made a good base at Rs 405. There is an immediate hurdle at Rs 420, above which long positions can be taken with a stop loss of Rs 410. Infosys: It has an immediate support at Rs 6700. The counter is likely to accelerate above Rs 6850. Reliance: The stock is approaching a new high. It has a good support at Rs 377. The counter is likely to accelerate above Rs 385. It has a minor hurdle at Rs 390. Tata Steel: The stock has strong resistance at Rs 133, above which the outlook is likely to improve. One can take long positions above this level with a stop loss of Rs 130. Arc Investments & Consulting
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