Friday, August 14, 2009

August 14, 2009, Single Stock

RIL - RIL made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with stop loss at 1943.
Supports: 1943, 1717
Resistances: 2125, 2183

Infy - Infy hit our stop loss on Wednesday and we booked profits. We will go long again with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 1996
Supports: 1996, 1944
Resistances: 2115, 2142

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