Tuesday, February 10, 2009

February 10, 2009, Single Stock

Finally we are back!
RIL - RIL has been on a clear uptrend since Feb 6. We are joining this uptrend late but we will join it anyway.
Trading Strategy: Go long with a stop loss at 1341
Supports: 1341, 1271
Resistances: 1386-1400, 1505

Infy - Infy made a higher high and a higher low. We will follow this uptrend.
Trading Strategy: Go long with a stop loss at 1238
Supports: 1290, 1238
Resistances: 1314-19, 1447

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