October 1, 2009, Nifty

Nifty made a higher high and a higher higher low. We hit our stop loss and took some losses. We will go long with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 4904
Supports: 4904, 4783, 4580, 4421
Resistances: 5167

October 1, 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 2165.
Supports: 2165, 2058-2071, 1923, 1868
Resistances: 2219, 2240

Infy - Infy made an engulfing candle, indicating indecision in the stock. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 2233, 2177, 2120
Resistances: 2325, 2415-21.

September 30, 2009, Nifty

Nifty made a higher high and a higher higher low. Stay short.
Trading Strategy: Stay short with a stop loss at 5036.
Supports: 4904, 4783, 4580, 4421
Resistances: 5036, 5167

September 30, 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 2058.
Supports: 2058-2071, 1923, 1868
Resistances: 2219, 2240

Infy - Infy hit our stop loss and we booked profits. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 2233, 2177, 2120
Resistances: 2300, 2415-21.

September 29, 2009, Nifty

Nifty made a lower high but also a higher low. Stay short.
Trading Strategy: Stay short with a stop loss at 5036.
Supports: 4904, 4783, 4580, 4421
Resistances: 5036, 5167

September 29, 2009, Single Stock

RIL - RIL made a higher high and a higher low. Our stop loss was hit and we booked profits. We will now go long.
Trading Strategy: Go long with stop loss at 2058.
Supports: 2058-2071, 1923, 1868
Resistances: 2219, 2240

Infy - Infy fell sharply on Friday. Stay short.
Trading Strategy: Stay short, move stop loss to 2292.
Supports: 2177, 2120
Resistances: 2292, 2415-21.

September 25, 2009, Nifty

Yesterday was expiry and Nifty swung wildly. We have been losing money on the last three trades. If you did not go short yesterday, go short with a stop loss at 5036.
Trading Strategy: Go short with a stop loss at 5036.
Supports: 4904, 4783, 4580, 4421
Resistances: 5036, 5167

September 25, 2009, Single Stock

RIL - RIL made an engulfing candle. We will stay short.
Trading Strategy: Stay short, move stop loss to 2140.
Supports: 2071, 1923, 1868
Resistances: 2140, 2219, 2240

Infy - Infy fell sharply and we booked profits. We will go short with a stop loss at the recent high.
Trading Strategy: Go short with a stop loss at 2421.
Supports: 2177, 2120
Resistances: 2415-21.

September 24, 2009, Nifty

Nifty made a lower high and a lower low. Our stop loss was not hit, however we were whipsawed. We will continue to trade on breaks of supports/resistances.

Trading Strategy: Stay long, move stop loss to 4932, If 4932 is broken close the long and switch to short.
Supports: 4932, 4783, 4580, 4421
Resistances: 5036, 5167

September 24, 2009, Single Stock

RIL - RIL made a lower high but not a lower low. We will stay short.
Trading Strategy: Stay short, move stop loss to 2219.
Supports: 2071, 1923, 1868
Resistances: 2219, 2240, 2379

Infy - Infy made an inside day. It was a higher low but not a higher high. We will move our stop loss up and look to book profits.
Trading Strategy: Stay long with stop loss at 2350.
Supports: 2340, 2177, 2120
Resistances: 2415.

September 23, 2009, Nifty

Nifty made a higher high and a higher low. Out stop loss was hit and we closed our position with a loss. We will go long with the risk of being whipsawed. Keep stop loss at Friday's low.
Trading Strategy: Go long with a stop loss at 4944
Supports: 4944, 4783, 4580, 4421
Resistances: 5036, 5167

September 23, 2009, Single Stock

RIL - RIL made a higher high and a higher low. However the move was not convincing. We will stay short.
Trading Strategy: Stay short with a stop loss at 2240.
Supports: 2071, 1923, 1868
Resistances: 2240, 2379

Infy - Infy continues to be on an uptrend. Stay long.
Trading Strategy: Stay long with stop loss at 2342.
Supports: 2177, 2120, 2025
Resistances: 2415.

September 22, 2009, Nifty

Nifty made a lower high and a lower low. It was a doji candle. We hit our stop loss and booked profits. We will go short with a stop loss at the recent high.
Trading Strategy: Go short with stop loss at 5003.
Supports: 4944, 4783, 4580, 4421
Resistances: 5003, 5167

September 22, 2009, Single Stock

RIL - On Friday RIL made a inside day. It has also been a long weekend. We will stay short.
Trading Strategy: Stay short with a stop loss at 2240.
Supports: 1923, 1868
Resistances: 2240, 2379

Infy - Infy continues to be on an uptrend. We will move our stop loss to Friday's low. Stay long.
Trading Strategy: Stay long, move stop loss to 2342.
Supports: 2177, 2120, 2025
Resistances: 2415.

September 18, 2009, Nifty

Nifty made a higher high and a higher low. However it was a doji candle. We will move our stop loss to yesterday's low, but stay long.
Trading Strategy: Stay long, with stop loss up to 4944.
Supports: 4944, 4783, 4580, 4421
Resistances: 5000, 5167

September 18, 2009, Single Stock

RIL - Over the last three trading sessions, RIL has moved up but also given up those gains. Yesterday RIL broke the support at 2105. It was also a lower high and a lower low. We will go short.
Trading Strategy: Go short with a stop loss at 2240.
Supports: 1923, 1868
Resistances: 2240, 2379

Infy - Infy continues to be on an uptrend. We will move our stop loss to yesterday's low. Stay long.
Trading Strategy: Stay long, move stop loss to 2320.
Supports: 2177, 2120, 2025
Resistances: 2415.

September 15, 2009, Nifty

Nifty made a hammer candle. However we cannot conclude on which side the next trend is going to set in. We will stay long, but switch to short if our support it breached.
Trading Strategy: Stay long, with stop loss up to 4783.If 4783 is broken, then switch to short with a stop loss at 4889.
Supports: 4783, 4757, 4580, 4421
Resistances: 4842 , 4889, 5000

September 15, 2009, Single Stock

RIL - RIL made a lower high, but not a lower low. It was also a doji candle. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 2105, 1923, 1868
Resistances: 2240, 2379

Infy - Infy made an inside day candle. We will keep our stop losses strict and watch for a new trend to set in. Stay long.
Trading Strategy: Stay long with a stop loss at 2177
Supports: 2177, 2120, 2025
Resistances: 2239, 2415

September 14, 2009, Nifty

Nifty made another doji candle. This indicates further indecision in the market. We can now expect a major move. The next few trading session will decide the direction. We will stay long, but switch to short if our support it breached.
Trading Strategy: Stay long, with stop loss up to 4783.If 4783 is broken, then switch to short with a stop loss at 4889.
Supports: 4783, 4757, 4580, 4421
Resistances: 4842 , 4889, 5000

September 14, 2009, Single Stock

RIL - RIL made a lower high and a lower low. We hit our stop loss and booked profits. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 2105, 1923, 1868
Resistances: 2240, 2379

Infy - Infy made and engulfing candle. We will keep our stop losses strict and watch for a new trend to set in. Say long.
Trading Strategy: Stay long with a stop loss at 2177
Supports: 2177, 2120, 2025
Resistances: 2239, 2415

September 11, 2009, Nifty

Nifty made a higher high, and a higher low. It was a doji candle, indicating indecision in the market. We will stay long, but switch to short if our support it breached.
Trading Strategy: Stay long, with stop loss up to 4783.If 4783 is broken, then switch to short with a stop loss at 4889.
Supports: 4783, 4757, 4580, 4421
Resistances: 4842 , 4889, 5000

September 11, 2009, Single Stock

RIL - RIL made a higher high and a higher low. We will stay long, but move our stop loss up.
Trading Strategy: Stay long, move stop loss to 2133.
Supports: 2133, 1923, 1868
Resistances: 2183, 2240, 2379

Infy - Our short position hit the stop loss and we closed it. We will go long with a stop loss at 2177.
Trading Strategy: Go long with a stop loss at 2177
Supports: 2177, 2120, 2025
Resistances: 2239, 2415

September 10, 2009, Nifty

Nifty made a lower high, but a higher low. It was another hammer candle. Indicating that we could see a reversal in the trend. We will stay long, but switch to short if our support it breached.
Trading Strategy: Stay long, move stop loss up to 4783.If 4783 is broken, then switch to short with a stop loss at 4842.
Supports: 4783, 4757, 4580, 4421
Resistances: 4842 , 5000

September 10, 2009, Single Stock

RIL - RIL made a higher high and a higher low. We will stay long, but move our stop loss up.
rading Strategy: Stay long, move stop loss to 2062.
Supports: 2062, 1923, 1868
Resistances: 2183, 2379

Infy - Infy made a lower high and a lower low. We hit our stop loss and booked profits. We will not go short, with a stop loss at the recent high.
Trading Strategy: Go short with a stop loss at 2239
Supports: 2120, 2025
Resistances: 2239, 2415

September 9, 2009, Nifty

Nifty made a higher high and a higher low. However it was a hammed candle, indicating a strong resistance on the upside. We will stay long, but move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 4783.
Supports: 4679, 4580, 4421
Resistances: 4812 , 5000

September 9, 2009, Single Stock

RIL - RIL made a higher high and a higher low. We will stay long, but move our stop loss up.
rading Strategy: Stay long, move stop loss to 2005.
Supports: 2005, 1923, 1868
Resistances: 2089, 2125

Infy - Infy made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long, with stop loss at 2196
Supports: 2196, 2120, 2025
Resistances: 2325, 2415

September 8, 2009, Nifty

Nifty broke out of 4731-4746 resistance. We will stay long, but move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 4679.
Supports: 4679, 4580, 4421
Resistances: 4731-46, 4812

September 8, 2009, Single Stock

RIL - RIL made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 1923
Supports: 1923, 1868, 1717
Resistances: 2089, 2125

Infy - Infy made a higher high and a higher low. We will stay long, but move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 2196
Supports: 2196, 2120, 2025
Resistances: 2199-2204, 2415

September 7, 2009, Nifty

Nifty broke out of 4647. We closed our short and switched to long.
Trading Strategy: If you have not already, go long with a stop loss at 4580
Supports: 4580, 4421, 4353
Resistances: 4731-46, 4812

September 7, 2009, Single Stock

RIL - Made a higher high and a higher low. We hit our stop loss and booked profits. We will go long with a stop loss at Thursday's low.
Trading Strategy: Go long with a stop loss at 1923
Supports: 1923, 1868, 1717
Resistances: 2089, 2125

Infy - Infy made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 2120.
Supports: 2120, 2025
Resistances: 2199-2204, 2415

September 4, 2009, Nifty

Nifty made a higher low but not a higher high. Nifty took support from the 20-EMA. We will move our stop loss down and stay short. Keep stop losses strict. Be ready to close the short, and switch to long.
Trading Strategy: Stay short, move stop loss to 4647.
Supports: 4421, 4353
Resistances: 4647, 4731-46, 4812

September 4, 2009, Single Stock

RIL - Made a lower high and a lower low. We will follow the down trend and move our stop loss down. We will also keep stop losses strict.
Trading Strategy: Stay short, move stop loss to 1987
Supports: 1943, 1868, 1717
Resistances: 1987, 2089, 2125

Infy - Infy made a higher high and a higher low. We will close our shot and go long. Trading Strategy: Book profits in the short. Go long with a stop loss at 2120, if Infy opens above 2120.
Supports: 2120, 2025
Resistances: 2199-2204, 2415

September 3, 2009, Nifty

Nifty made a lower low and a higher high. We will move our stop loss down and stay short.
Trading Strategy: Stay short, move stop loss to 4736.
Supports: 4421, 4353
Resistances: 4731-46, 4812

September 3, 2009, Single Stock

RIL - Made a lower high and a lower low. However it was a doji candle. We will follow the down trend and move our stop loss down. We will also keep stop losses strict.
Trading Strategy: Stay short, move stop loss to 1998
Supports: 1943, 1868, 1717
Resistances: 1998, 2089, 2125

Infy - Infy made a lower low and a lower high. This indicates that the down trend could continue over the next few sessions. We will stay short with a stop loss at the recent high. However we will keep stop losses strict and look for break outs.
Trading Strategy: Stay short, with stop loss at 2204.
Supports: 2025, 1935-44
Resistances: 2199-2204, 2415

September 2, 2009, Nifty

Nifty made a lower low but not a lower high. We will stay short but keep stop losses strict and look for break outs.
Trading Strategy: Stay short with a stop loss at 4746.
Supports: 4421, 4353
Resistances: 4731-46, 4812

September 2, 2009, Single Stock

RIL - Made a lower high and a lower low. We will follow the down trend and move our stop loss down.
Trading Strategy: Stay short, move stop loss to 2042
Supports: 1943, 1868, 1717
Resistances: 2042, 2089, 2125

Infy - Infy made a higher high and technically a higher low. It was also a doji candle. We will stay short with a stop loss at the recent high. However we will keep stop losses strict and look for break outs.
Trading Strategy: Stay short, with stop loss at 2204.
Supports: 2025, 1935-44
Resistances: 2199-2204, 2415