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September 6, 2002
1817 IST
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Money > Stocks > Technicals > Daily Technicals September 6, 2002 1817 IST |
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Trading strategy for September 9, 2002BSE Sensex: Index continues to move in a sideways direction and is further likely to be range-bound. Immediate hurdle is at 3200 points. Digital Global: The counter has shown some strength during the trading session. It has immediate hurdle at Rs 630, above which long positions can be taken with a stop loss of Rs 612. Reliance: The stock can post a correction to around Rs 255 levels. Currently its in a minor uptrend and long positions can be taken at these levels with a stop loss of Rs 245. HLL: The counter is in a corrective mode. It can come down till Rs 177 levels where one can contemplate taking long positions with a stop loss of Rs 170. Immediate hurdle is at Rs 190. HPCL: The level of Rs 264 continues to act as a major base below which all long positions can be liquidated. On the upper side immediate hurdle is at Rs 278. Arc Investments & Consulting |
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