Wednesday, February 18, 2009

February 18, 2009, Single Stock

RIL - RIL is now clearly on a down trend. We will follow it with strict stop losses.
Trading Strategy: Short with stop loss at 1414
Supports: 1271, 1107
Resistances: 1333, 1414

Infy -Infy broke the support at 1191. Stay short. Move the stop loss down to 1219
Trading Strategy: Short with stop loss at 1219
Supports: 1119, 1065
Resistances: 1219, 1256

No comments: