Tuesday, September 29, 2009

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.

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