Monday, October 26, 2009

October 26, 2009, Single Stock

RIL - RIL broke its support at 2058. We will go short with a stop loss at the recent high.
Trading Strategy: Go short with a stop loss at 2285.
Supports: 1923-43, 1717
Resistances: 2236-40, 2285

Infy - Infy made a higher high and a higher low. We will move our stop loss up. Trading Strategy: Stay long, move stop loss to 2212.
Supports: 2167-77, 2120
Resistances: 2288, 2353, 2415-21

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