Wednesday, March 4, 2009

March 04, 2009, Single Stock

RIL - RIL made a lower low and a lower high yesterday. Keep stop losses strict.
Trading Strategy: Move stop loss to 1251
Supports: 1107, 1065
Resistances: 1251, 1297

Infy - Infy formed and inside day yesterday. The probability for a sharp move today is very high. Keep stop losses strict.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1191, 1115
Resistances: 1240, 1341

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