Thursday, November 5, 2009

November 05, 2009, Single Stock

RIL - RIL made a higher high and a higher low. Go long with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 1802.
Supports: 1802, 1717
Resistances: 1933, 2043, 2236-40

Infy - Infy made a higher high and a higher low. We hit our stop loss and booked profits. Go long with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 2130.
Supports: 2120-30, 2025
Resistances: 2288-2300, 2353

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