Sunday, August 2, 2009

August 3, 2009, Single Stock

RIL - We hit our stop loss on Friday and booked our profits. We will go long with a stop loss at the recent low.
Trading Strategy: Go long with stop loss at 1871
Supports: 1871, 1717
Resistances: 1995, 2089, 2113

Infy - Infy hit our stop loss and we closed our position. We will go long with stop loss at recent lows. Infy is now above its recent high at 2070.
Trading Strategy: Go long with stop loss at 1944
Supports: 1944, 1893-95, 1802
Resistances: 2079, 2142

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