Thursday, October 2, 2008

Oct 3, 2008 Single Stock

RIL On Wednesday, RIL failed to break its resistances and closed the day down two percent. Friday will be a crucial day. RIL has to break resistances or at least hold above the support of 1805.

Trading strategy: Play for supports/resistances breaks or bounces.
Supports: 1873, 1805
Resistances: 1938, 1996

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