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August 30, 2002
1649 IST
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Money > Stocks > Technicals > Daily Technicals August 30, 2002 1649 IST |
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Trading strategy for September 2, 2002BSE Sensex: The index posted a smart rally and the reference point of 3080 has further gained significance. NIIT: Though the main trend in the counter remains bearish, it can rally to Rs 155 levels. Short term long positons can be taken with a stop loss of Rs 141. Wipro: The stock has made a strong bottom at Rs 1200. Long positons can be taken on correction with this level as a stop loss. Tata Power: The stock has posted a double bottom at Rs 98. Long postions can be taken with this level as a stop loss. The counter can rally till 115 levels. Zee Telefilms: The counter has a strong reference point at Rs 103. This level can be used as stop loss for all long positions. On the upper side it can rally to Rs 123-125 levels. Arc Investments & Consulting |
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