Friday, September 11, 2009

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

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