March 16, 2012, Nifty

Nifty fell and made a lower low and a lower high. We will wait and watch for a new trend to set in.
Trading Strategy: Play for resistnace/support breaks or bounces.
Resistances: 5608
Supports: 5325, 5205, 5021, 4827, 4795, 4588,4531

March 16, 2012, Single Stock

Bharti - Bharti made a lower low and a lower high. We will stay short.
Trading Strategy: Stay short with a stop loss at 355.
Supports: 336, 320, 309
Resistances: 355, 396-98, 412, 448

Infosys - Infy made a lower high and a higher low. We will wait and watch before we take a new position.
Trading Strategy: Play for resistances/supports breaks or bounces.
Supports: 2817, 2650, 2490-2301, 2162
Resistances: 2884, 3024

RIL - RIL fell sharply and made a lower low and a lower high. We will wait and watch before we take a new position.
Trading Strategy: Play for resistances/supports breaks or bounces.
Supports: 815, 753, 712
Resistances: 892-907, 967

SBIN - SBI fell sharply and made a lower low and a lower high. We will stay long, but keep our stop loss strict.
Trading: Stay long, with stop loss at 2246.
Resistances: 2530
Supports: 2246, 2100,1970, 1920, 1748, 1625, 1590, 1571

March 15, 2012, Nifty

Nifty made a higher high and a higher low. We will wait and watch for a new trend to set in.
Trading Strategy: Play for resistnace/support breaks or bounces.
Resistances: 5608
Supports: 5325, 5205, 5021, 4827, 4795, 4588,4531

March 15, 2012, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay short.
Trading Strategy: Stay short with a stop loss at 355.
Supports: 336, 320, 309
Resistances: 355, 396-98, 412, 448

Infosys - Infy made a higher high and a higher low. We will wait and watch before we take a new position.
Trading Strategy: Play for resistances/supports breaks or bounces.
Supports: 2817, 2650, 2490-2301, 2162
Resistances: 2884, 3024

RIL - RIL made a higher high and a higher low. We will wait and watch before we take a new position.
Trading Strategy: Play for resistances/supports breaks or bounces.
Supports: 815, 753, 712
Resistances: 892-907, 967

SBIN - SBI made a higher high and a higher low. We will stay long.
Trading: Stay long, with stop loss at 2246.
Resistances: 2530
Supports: 2246, 2100,1970, 1920, 1748, 1625, 1590, 1571

March 14, 2012, Nifty

Nifty made a higher high and a higher low. We will wait and watch for a new trend to set in.
Trading Strategy: Play for resistnace/support breaks or bounces.
Resistances: 5608
Supports: 5325, 5205, 5021, 4827, 4795, 4588,4531

March 14, 2012, Single Stock

Bharti - Bharti made a lower low and a lower high. We will go short with a stop loss at the recent high.
Trading Strategy: Go short with a stop loss at 355.
Supports: 336, 320, 309
Resistances: 355, 396-98, 412, 448

Infosys - Infy made an inside day. We will wait and watch before we take a new position.
Trading Strategy: Play for resistances/supports breaks or bounces.
Supports: 2817, 2650, 2490-2301, 2162
Resistances: 2884, 3024

RIL - RIL made a higher high and a higher low. We will wait and watch before we take a new position.
Trading Strategy: Play for resistances/supports breaks or bounces.
Supports: 815, 753, 712
Resistances: 892-907, 967

SBIN - SBI made a higher high and a higher low. We will stay long and move our stop loss up.
Trading: Stay long, move stop loss up to 2246.
Resistances: 2530
Supports: 2246, 2100,1970, 1920, 1748, 1625, 1590, 1571

March 13, 2012, Nifty

Nifty hit our stop loss on Feb 27 and we closed our position. We will wait and watch for a new trend to set in.
Trading Strategy: Play for resistnace/support breaks or bounces.
Resistances: 5608
Supports: 5325, 5205, 5021, 4827, 4795, 4588,4531