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Home > Money > Stocks > Technicals > Daily Technicals
January 7, 2002
1700 IST
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Trading strategy for January 8, 2002

BSE Sensex: A boost from Satyam Computers and Infosys helped index to add 25 points on Monday. The sentiment will continue to remain favourable. The major hurdle for index is at around 3500 points.

Global Tele: The stock has made a good base at Rs 125, which should be used as a stop loss for long positions. A minor hurdle is at Rs 138.

VisualSoft: The stock showed a dull trend on Monday, but the medium-term outlook is positive. It has a major resistance at Rs 220. A minor support lies at Rs 175.

NIIT: It has a good base at Rs 212, which should be used as stop loss for long positions. A major hurdle exists at Rs 275.

Bhel: The stock showed a dip on Monday, but the position will weaken only below Rs 130. The position will strengthen further above Rs 148.

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