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Home > Money > Stocks > Technicals > Daily Technicals
August 27, 2002
1619 IST
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Trading strategy for August 28, 2002

BSE Sensex: The index appears to have made a temprory top of 3145 which would act as an immediate hurdle. On the lower side the correction can come to 3025 levels.

Satyam Comp: The stock topped out with high volumes and the level of Rs 232 would act as a major hurdle for the counter. It is likely to move in a broad range of Rs 215-225 in the coming trading sessions.

Digital Global: The counter has made a double top at Rs 610. This level can be used as a stop loss for all short positions. One should wait for consolidation before taking any fresh positions.

Polaris: The stock has a major base at Rs 180. This level can be used as a stop loss for all long positions. Fresh long positions can be taken at around 188 levels with a stop loss of Rs 180.

Reliance: The stock continues to show weakness and the main trend as well the intermediate trend remains negative. Level of Rs 253 would act as an immediate hurdle. On an immediate basis it can slip to Rs 240.

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