Rediff Logo
 Money
Line
Channels: Astrology | Broadband | Contests | E-cards | Money | Movies | Romance | Search | Women
Partner Channels: Auctions | Health | Home & Decor | IT Education | Jobs | Jobs | Matrimonial | Travel
Line
Home > Money > Stocks > Technicals > Daily Technicals
January 1, 2002
1850 IST
 		Feedback  
  Money Matters

 -  'Investment
 -  Business Headlines
 -  Corporate Headlines
 -  Business Special
 -  Columns
 -  IPO Center
 -  Message Boards
 -  Mutual Funds
 -  Personal Finance
 -  Stocks
 -  Tutorials
 -  Search rediff

    
      

 Deals for NRIs

 CALL INDIA
 Direct Service :
 29.9¢/min
 Pre-paid Cards :
 34.9¢/min

 
 Search the Internet
         Tips
 Sites: Finance, Investment
E-Mail this report to a friend
Print this page Best Printed on HP Laserjets

Trading strategy for January 2, 2002

BSE Sensex:The sensex witnessed a resistance at 3300 points on Tuesday. A range-bounce move is expected in the short run. A support is likely at around 3200 points.

Wipro: It showed a mixed trend on Tuesday. A base is expected at around Rs 1550, and the outlook will start improving above Rs 1670. The major hurdle for counter is at around Rs 1800.

NIIT: The level of Rs 232 has become an important resistance for this stocks, and long position should be initiated only above this level. The downtrend may gather momentum below Rs 200.

Aftek Infosys: While other showed a sharp dip on Tuesday, it managed to remain firm. The outlook will improve further smartly above Rs 290.

Telco: It has managed to show a good recovery, and the medium term position remains positive. The level of Rs 93 should be used as stop loss for all long positions.

Arc Investments & Consulting

Money
Business News

Tell us what you think of this report

ADVERTISEMENT