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August 14, 2000 		Feedback  
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Trading strategy for the week ending August 20, 2000

The rally that was triggered by Infosys last week spread across all software stocks with huge volumes. Of these stocks, some of them have posted a higher bottom on intra-day charts, after a healthy correction. Such a pattern has brought reversals many a times in the past, which could be the case even now. This could be a good opportunity for medium term players who find value in these stocks and are waiting for the right time to enter. Here are some stocks that are looking good with their respective stop losses.

Infosys (Rs 7150), Satyam (Rs 450), Silverline (Rs 295), SSI (Rs 1900), DSQ (Rs 580), Wipro (Rs 2280), Digital (Rs 405), NIIT (Rs 1575).

Zee Telefilms and Pentamedia are two stocks that should be avoided at this stage.

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Weekly Technicals

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