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March 24, 2001
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Money > Stocks > Technicals > Daily technicals March 24, 2001 |
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Trading strategy for March 26, 2001BSE Sensex: Unless the level of 3868 is crossed, the outlook in the Sensex is not likely to brighten. Next support for the index is at 3436 points. Satyam: The stock has a strong hurdle at Rs 250 and unless this is crossed, the position for the stock is not likely to improve. Immediate support for the stock lies at Rs 200. HLL: The stock has its medium-term support at Rs 205, below which the outlook is likely to deteriorate. Next support for the counter lies at Rs 190. On the upper side, it has a strong resistance at Rs 240. Dr Reddy's Laboratories: The stock has broken yet another medium-term level of Rs 1220 and has closed on a negative note. The outlook for the counter appears negative. The next support for the stock lies at Rs 1030. Ranbaxy: This stock too has broken an important reference point of Rs 580. Unless the stock crosses the level of Rs 645, the outlook will continue to remain negative. Arc Investments & Consulting
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