Monday, July 27, 2009

July 28, 2009, Single Stock

RIL - Our patience paid off as RIL fell sharply on Monday. We will move our stop loss down.
Trading Strategy: Stay short, move stop loss to 1995
Supports: 1900, 1717
Resistances: 1995, 2089, 2113

Infy - Infy continued to move up and made a higher high and a higher low. We will follow the uptrend.
Trading Strategy: Stay long, move stop loss to 1895
Supports: 1893-95, 1802, 1751
Resistances: 2045, 2070

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