Wednesday, June 10, 2009

June 10, 2009, Single Stock

RIL - RIL traded within its resistance support range yesterday. Wait and watch for a break out on either side.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 2157, 2091
Resistances: 2330, 2535

Infy - Infy continued on its up trend yesterday. We will follow it.
Trading Strategy: Stay long, move stop loss to 1720
Supports: 1720, 1601
Resistances: 1795, 1911

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