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March 14, 2001 		Feedback  
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Trading strategy for March 15, 2001

Outlook: Though there has been a rally in the market, it clearly lacks depth. Unless there is depth in the market, no levels can be sustained. Wednesday's low would act as a good reference point, but one should still wait for the consolidation before taking any fresh positions. As things appear, it would be difficult for the prices to sustain at higher levels.

BSE Sensex: The Sensex has made an intra-day double bottom at 3436 points. This level would act as a minor support. On the upper side, it will face a hurdle at 3880 points and thereafter at Rs 4056.

Arc Investments & Consulting

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Daily technicals

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