Sunday, August 16, 2009

August 17, 2009, Single Stock

RIL - RIL made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long, move stop loss to 2007.
Supports: 1943, 1717
Resistances: 2125, 2183

Infy - Nifty made a lower high and lower low. However our stop loss was not hit. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 1996
Supports: 1996, 1944
Resistances: 2115, 2142

No comments: