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Home > Money > Stocks > Technicals > Daily technicals
March 22, 2001
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Trading strategy for March 23, 2001

BSE Sensex: With the latest fall, the level of 3818 is a fresh resistance for the Sensex. On the downside, it has a support at 3618 points. The next support exists only at 3437 points.

Digital Equipment: The stock has formed a strong resistance at Rs 554, and its position will improve only above this level. The counter has an immediate base at Rs 500 and the next major support lies at Rs 440.

Zee Tele: The stock has a strong hurdle at Rs 154 above which its position will improve. It has an immediate support at Rs 132 and the next major base is at around Rs 100.

MTNL: The stock has formed a strong resistance at Rs 150. While the first base of Rs 145 can be used as a stop loss, the next support for the counter is at Rs 142.

Hindalco: Unlike other stocks, the fall in Hindalco is not much. The stock has a support at Rs 720, below which the position will weaken. The uptrend will gather momentum above Rs 830.

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Daily technicals

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