Monday, September 29, 2008

September 29, 2008, Single Stock

RIL - RIL fell more than 3% in Friday trading. We should see a bit of pull back today. RIL needs to break a resistance of 2015 to be able to sustain an up move.

Trading Strategies: Play for supports/resistances breaks or bounces.
Supports: 1920, 1800
Resistances: 2000-2015, 2070

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