Wednesday, July 29, 2009

July 30, 2009, Single Stock

RIL - RIL made a lower low and a lower high. Stay short. Move stop loss down.
Trading Strategy: Stay short with stop loss at 1960
Supports: 1900, 1717
Resistances: 1995, 2089, 2113

Infy - Infy made a lower high and a lower low. Go short with stop loss at the recent high.
Trading Strategy: Go short with stop loss at 2045
Supports: 1893-95, 1802, 1751
Resistances: 2045, 2070

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