Friday, March 27, 2009

March 27, 2009, Single Stock

RIL - RIL moved up sharply yesterday. However it was expiry and we will not give much weight to yesterday's signal. Keep stop losses strict.
Trading Strategy: Stay long, mover stop loss to 1523
Supports: 1523, 1450
Resistances: 1610, 1959

Infy - Infy made a higher high and a higher low.
Trading Strategy: Stay long. Move stop loss to 1342
Supports: 1342, 1257
Resistances: 1360, 1447

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