Tuesday, September 22, 2009

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.

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