Monday, June 29, 2009

June 29, 2009, Single Stock

RIL - RIL made a higher high and a higher low. We will go long with stop loss at recent low of 1942.
Trading Strategy: Go long with stop loss at 1942
Supports: 1942, 1900
Resistances: 2037, 2379

Infy - Infy made a higher high and a higher low yesterday. We will move our stop loss up, but stay long.
Trading Strategy: Stay long, move stop loss up to 1755
Supports: 1755, 1701, 1676
Resistances: 1844, 1911

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