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August 28, 2002
1621 IST
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Money > Stocks > Technicals > Daily Technicals August 28, 2002 1621 IST |
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Trading strategy for August 29, 2002BSE Sensex: Index is further likey to consolidate at these levels before it posts a fresh move. Immediate hurdle continues to be at 3150. Satyam Comp: The stock indicated strong reversal signs. Long positons can be taken with a stop loss of Rs 215. Next hurdle lies only at Rs 255-260 levels. Tisco: The counter has made strong hurdle at Rs 124. Short positions can be taken in this counter with this level as a stop loss. On the lower side the counter can slide to Rs 110. HDFC: The stock has broken a strong base of Rs 580 and is trading below this level. Last support is at Rs 550, below which all long positons can be liquidated. Major hurdle is at Rs 660. Castrol: The stock has shown major increase in volumes with a spurt in the price. But the entire gain has been rertaced. Last support is at Rs 192, below which all long positions should be liquidated. Arc Investments & Consulting |
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