December 30, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long, with loss at 5855.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 30, 2010, Single Stock

Bharti - Bharti moved up sharply and made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long, with stop loss up at 330.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and and a higher low. We will stay long and look to move our stop loss up.
Trading:Stay long, with stop loss at 3187 (61% retracement).
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower high and a higher low. We will stay long and keep stop losses strict.
Trading:Stay long, with stop loss at 1036.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a lower high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 29, 2010, Nifty

The Nifty made a lower low and a lower high. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with loss at 5855.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 29, 2010, Single Stock

Bharti - Bharti made a lower high and a lower low. We will stay long.
Trading Strategy: Stay long, move stop loss up to 330.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower high and and a higher low. We will stay long and look to move our stop loss up.
Trading:Stay long, with stop loss at 3187 (61% retracement).
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower high and a lower low. We will stay long and keep stop losses strict.
Trading:Stay long, with stop loss at 1036.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a lower high and a lower low. We will stay long.
Trading Strategy: Stay long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 28, 2010, Nifty

The Nifty made a higher low and a higher high. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with loss at 5855.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 28, 2010, Single Stock

Bharti - Bharti made a higher high and a lower low. We will stay long and move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 330.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and and a higher low. We will stay long and look to move our stop loss up.
Trading:Stay long, with stop loss at 3187 (61% retracement).
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a higher low. We will stay long and keep stop losses strict.
Trading:Stay long, with stop loss at 1036.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a higher high and a higher low. It was also a doji candle. We will stay long.
Trading Strategy: Stay long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 27, 2010, Nifty

The Nifty made a lower low and a higher high. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with loss at 5855.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 27, 2010, Single Stock

Bharti - Bharti made a higher high and a lower low. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 320
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and and a higher low. We will stay long and look to move our stop loss up.
Trading:Stay long, with stop loss at 3187 (61% retracement).
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made an equal low and an equal high. We will stay long and keep stop losses strict.
Trading:Stay long, with stop loss at 1036.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a higher high and a lower low. It was also a doji candle. We will stay long.
Trading Strategy: Stay long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 24, 2010, Nifty

The Nifty made a higher low and a lower high. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with loss at 5855.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 24, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 320
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and and a higher low. We will stay long and look to move our stop loss up.
Trading:Stay long, with stop loss at 3187 (61% retracement).
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower low and a lower high. We will stay long and keep stop losses strict.
Trading:Stay long, with stop loss at 1036.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a lower high and a higher low. It was also a doji candle. We will stay long.
Trading Strategy: Stay long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 23, 2010, Nifty

The Nifty made a lower low and a higher high. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with loss at 5855.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 23, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 320
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower low and a lower high. We will stay long, and move our stop loss up.
Trading:Stay long, move stop loss up to 3187 (61% retracement).
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower low and a lower high. We will stay long and keep stop losses strict.
Trading:Stay long, with stop loss at 1036.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 22, 2010, Nifty

The Nifty made a higher low and a higher high reinforcing the positive trend. We will stay long and move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 5855.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 22, 2010, Single Stock

Bharti - Bharti fell sharply again and made a lower low and a lower high. We will stay long but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 320
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. We will stay long, and look to move our stop loss up.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a higher low. We will stay long and move our stop loss up.
Trading:Stay long, move stop loss to 1036.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 21, 2010, Nifty

The Nifty made a higher low and a higher high reinforcing the positive trend. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 21, 2010, Single Stock

Bharti - Bharti fell sharply and made a lower low and a lower high. We will stay long.
Trading Strategy: Stay long with a stop loss at 320
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. It moved up sharply. We will stay long, and look to move our stop loss up.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a higher low. We will stay long.
Trading:Stay long with a stop loss at 978.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made an inside day. This signals the end of the down trend. We will stay long.
Trading Strategy: Stay long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 20, 2010, Nifty

The Nifty made a lower low and a higher high, negating the previous sign. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 20, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 320
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. It moved up sharply. We will stay long, but keep stop losses strict.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower high and a higher low. It was also a doji candle. We will stay long.
Trading:Stay long with a stop loss at 978.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made an inside day. This signals the end of the down trend. We will stay long.
Trading Strategy: Go long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 16, 2010, Nifty

The Nifty made a lower low and a lower high. It is a negative sign after the hammer candle. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 16, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 320
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. It moved up sharply. We will stay long, but keep stop losses strict.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a lower low. It was also a doji candle. We will stay long.
Trading:Stay long with a stop loss at 978.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a higher high and a higher low. We will go long with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 15, 2010, Nifty

The Nifty rose and also made a hammer candle. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 15, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. It is a clear positive sign. We will go long, with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 320
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. We will stay long, but keep stop losses strict.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose and a made a higher high and a higher low. We will stay long.
Trading:Stay long with a stop loss at 978.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a higher high and a higher low. We will go long with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 13, 2010, Nifty

The Nifty rose and also made a hammer candle. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 14, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. It was also a doji candle. We will look to see if the downtrend is reversed.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower high and a lower low. It was also a doji candle. We will stay long, but keep stop losses strict.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose sharply and confirmed a possible up trend. We will go long with a stop loss at the recent low.
Trading:Go long with a stop loss at 978.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a higher high and a higher low. It was also a doji candle. We will wait for a confirmation of the uptrend before going long.
Trading Strategy: We will wait and watch before taking a new position.
Resistances: 3325, 3515
Supports: 2775, 2737

December 10, 2010, Nifty

The Nifty fell sharply and made a lower low and a lower high. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 13, 2010, Single Stock

Bharti - Bharti fell sharply and made a lower high and a lower low. We hit our stop loss and closed our position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower high and a lower low. It was also a doji candle. We will stay long.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose sharply and made a lower high and a higher low. This is a strong reversal signal. We willw aitn for a confirmation before taking a position.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI fell sharply again and made a lower high and a lower low. We will wait and watch before taking a new position.
Trading Strategy: We will wait and watch before taking a new position.
Resistances: 3325, 3515
Supports: 2775, 2737

December 10, 2010, Nifty

The Nifty fell sharply and made a lower low and a lower high. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 10, 2010, Single Stock

Bharti - Bharti fell sharply and made a lower high and a lower low. However our stop loss was not hit. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 328.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. It was also a doji candle. We will stay long.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL fell sharply and made a lower high and a lower low. Most of its gains of the last few sessions were lost. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI fell sharply again and made a lower high and a lower low. We hit our stop loss and closed our position. We will wait and watch before taking a new position.
Trading Strategy: We will wait and watch before taking a new position.
Resistances: 3325, 3515
Supports: 2775, 2737

December 09, 2010, Nifty

The Nifty made a lower low and a lower high. We will stay long and keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 09, 2010, Single Stock

Bharti - Bharti made a lower high and a lower low. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long, with stop loss at 328.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy fell sharply and made a lower high and a lower low. We will stay long.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower high and a lower low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI fell sharply again and made a lower high and a lower low. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 2775.
Resistances: 3325, 3515
Supports: 2775, 2737

December 08, 2010, Nifty

The Nifty made a lower low and a lower high. We will stay long and keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 08, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long, with stop loss at 328.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. We will stay long.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI fell sharply again and made a lower high and a lower low. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 2775.
Resistances: 3325, 3515
Supports: 2775, 2737

December 07, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 07, 2010, Single Stock

Bharti - Bharti made a lower high and an equal low. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 328.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. We will stay long.
Trading:Stay long, move stop loss up to 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose made a higher high and a higher low. We will wait and watch before taking a new position. We missed this up move in reliance, but feel safer as we were not sure of the trend.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI fell sharply and made a lower high and a lower low. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 2775.
Resistances: 3325, 3515
Supports: 2775, 2737

December 06, 2010, Nifty

The Nifty made a lower low and a lower high. We will stay long with strict stop losses.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 06, 2010, Single Stock

Bharti - Bharti made a lower high and a lower low. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 328.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. We will stay long and move our stop loss up.
Trading:Stay long, move stop loss up to 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose made a higher high and a higher low. We will wait and watch before taking a new position. We missed this up move in reliance, but feel safer as we were not sure of the trend.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI fell and made a lower high and a lower low. We will stay long.
Trading Strategy: Stay long with a stop loss at 2775.
Resistances: 3325, 3515
Supports: 2775, 2737

December 03, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long with strict stop losses.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 03, 2010, Single Stock

Bharti - Bharti made a lower high and an equal low. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 328.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a lower low. This is not a defenite positive signal. We still expect a strong trend to set in for Infy. We will stay long, but keep stop losses strict.
Trading:Stay long with a stop loss at 2950.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose made a lower high and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI rose sharply and made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 2775.
Resistances: 3325, 3515
Supports: 2775, 2737

December 02, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long with strict stop losses.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 02, 2010, Single Stock

Bharti - Bharti made an inside day. We will stay long and keep stop losses strict. Trading Strategy: Stay long, move stop loss up to 328.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower high and a higher. It was also a doji candle. We expect a strong trend to set in for Infy. We will stay long, but keep stop losses strict.
Trading:Stay long with a stop loss at 2950.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose made a lower high and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI rose sharply and made a higher high and a higher low, justifying our move to go long three sessions back. We will stay long.
Trading Strategy: Stay long with a stop loss at 2775.
Resistances: 3325, 3515
Supports: 2775, 2737

December 01, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long with strict stop losses.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 01, 2010, Single Stock

Bharti - Bharti moved up sharply and made a higher high and a higher low. We will stay long and move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 328.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower high and a lower low. It was also a doji candle. We expect a strong trend to set in for Infy. We will stay long, but keep stop losses strict.
Trading:Stay long with a stop loss at 2950.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose made a higher high and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI rose sharply and made a higher high and a higher low, justifying our move to go long two sessions back. We will stay long.
Trading Strategy: Stay long with a stop loss at 2775.
Resistances: 3325, 3515
Supports: 2775, 2737

November 30, 2010, Nifty

The Nifty made a higher high and a higher low. This is a positive signal. We will go long with strict stop losses.
Trading Strategy: Go long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

November 30, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 320.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower high and a higher low. It was also a doji candle. We expect a strong trend to set in for Infy. We will stay long, but keep stop losses strict.
Trading:Stay long with a stop loss at 2950.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose sharply and made a higher high and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a lower high and a higher low. We will stay long.
Trading Strategy: Go long with a stop loss at 2775.
Resistances: 3325, 3515
Supports: 2775, 2737

November 29, 2010, Nifty

The Nifty made a lower high and a lower low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

November 29, 2010, Single Stock

Bharti - Bharti made a lower high and a lower low. Our stop loss was not hit and we will stay long.
Trading Strategy: Stay long with a stop loss at 320.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower high and a higher low. We will stay long.
Trading:Stay long with a stop loss at 2950.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower low and a lower high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a higher high and a higher low. This is a bullish signal. We will go long with a strict stop loss.
Trading Strategy: Go long with a stop loss at 2775.
Resistances: 3325, 3515
Supports: 2775, 2737

November 26, 2010, Nifty

The Nifty made a lower high and a lower low. We will wait and watch before taking a new position.
Trading Strategy: Stay long, with stop loss at 3118.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

November 26, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will go long with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 320.
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy made a higher high and a higher low. We will go long with a stop loss at the recent low.
Trading:Go long with a stop loss at 2950.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower low and a lower high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a lower high and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks/bounces.
Resistances: 3325, 3515
Supports: 3043, 2965

November 24, 2010, Nifty

The Nifty made a lower high and a lower low. We will wait and watch before taking a new position.
Trading Strategy: Stay long, with stop loss at 3118.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

November 24, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy made an inside day. We will wait and watch before taking a new position.
Trading:Play for resistance/support breaks or bounces.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower low and a lower high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a lower high and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks/bounces.
Resistances: 3325, 3515
Supports: 3043, 2965

November 23, 2010, Nifty

The Nifty made a higher high and a higher low. It hit our stop loss at 3118 and we closed our position. We will wait and watch before taking a new position.
Trading Strategy: Stay long, with stop loss at 3118.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

November 23, 2010, Single Stock

Bharti - Bharti hit out stop loss at 314 and we closed our position. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy hit out stop loss at 2948 and we closed our position. We will wait and watch before taking a new position.
Trading:Stay long with a stop loss at 2948.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made an inside day. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a lower high and a higher low. It was a engulfing candle. We could see a prolonged down move now. We will wait and watch before talking a new position.
Trading Strategy: Play for resistance/support breaks/bounces.
Resistances: 3325, 3515
Supports: 3043, 2965

November 09, 2010, Nifty

The Nifty made a lower high and a lower low. It came close to it all time high, but that seems to be a strong resistance. We still feel the Nifty could make new highs. We will stay long.
Trading Strategy: Stay long, with stop loss at 3118.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

November 09, 2010, Single Stock

Bharti - Bharti made a lower low and a higher high. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 314
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy fell sharply, making a lower low and a lower high. However our stop loss was not hit. We will stay long.
Trading:Stay long with a stop loss at 2948.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a higher low. It was a doji candle. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - SBI made a higher high and a lower low. It was a engulfing candle. We could see a prolonged down move now. We will wait and watch before talking a new position.
Trading Strategy: Play for resistance/support breaks/bounces.
Resistances: 3325
Supports: 3043

November 08, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long, with stop loss at 3118.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

November 08, 2010, Single Stock

Bharti - Bharti made a higher low and a lower high. It was also a doji candle. We will stay long and keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 314
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy made a higher low and a higher high. It was also a doji candle. We will stay long.
Trading:Stay long with a stop loss at 2948.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - SBI made a higher high and a higher low. It rose sharply again and we were justified in closing our short. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks/bounces.
Resistances: 3325
Supports: 3043

November 05, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long and move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 3118.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

November 05, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. We will stay long and keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 314
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy made a higher low and a higher high. We will stay long.
Trading:Stay long with a stop loss at 2948.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose sharply making a higher high and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - SBI made a higher high and a higher low. It rose sharply again and we were justified in closing our short yesterday. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks/bounces.
Resistances: 3325
Supports: 3043

November 04, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long but keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

November 04, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 314
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy made a higher low and a higher high. We will stay long.
Trading:Stay long with a stop loss at 2948.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL fell sharply making a lower low and a lower high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - SBI made a higher high and a higher low. It reose sharply as predicted and we hit our stop loss and closed our position. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks/bounces.
Resistances: 3325
Supports: 3043

November 03, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long but keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

November 03, 2010, Single Stock

Bharti - Bharti made and equal high and low. It was an inverting candle.We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 314
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy made a higher low and a lower high. We will stay long.
Trading:Stay long with a stop loss at 2948.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL fell sharply making a lower low and a lower high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - SBI made a higher high and a higher low. However it was the second successive doji candle. We can expect a major move from SBI in the next few sessions. We will stay short, but keep stop losses strict.
Trading Strategy: Stay short, with stop loss at 3253.
Resistances: 3325
Supports: 3043

November 02, 2010, Nifty

The Nifty made a higher high and a higher low. It rose sharply. We will stay long but keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

November 02, 2010, Single Stock

Bharti - Bharti rose sharply today and made a higher low and a higher high. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 314
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy made a higher low and a higher high. We will go long with a stop loss at the recent low.
Trading:Go long with a stop loss at 2948.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a higher low. It is a new high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - SBI made a higher high and a higher low. We will stay short and keep stop losses strict.
Trading Strategy: Stay short, with stop loss at 3253.
Resistances: 3325
Supports: 3043

November 01, 2010, Nifty

The Nifty made a lower high and a lower low. It fell sharply, but the stop loss was not hit. We will stay long but keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

November 01, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 314
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy made a higher low and a lower high. We will wait and watch before taking a new position.
Trading:Play for resistance/support breaks or bounces.
Supports: 2980, 2750, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - SBI made a lower high and a lower low. We will stay short and keep stop losses strict.
Trading Strategy: Stay short, with stop loss at 3253.
Resistances: 3325
Supports: 3043

October 29, 2010, Nifty

The Nifty made a lower high and a lower low. We will stay long but keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 29, 2010, Single Stock

Bharti - Bharti rose again sharply and made a higher high and a higher low. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 314
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy made a higher high and a lower low. It was an engulfing candle. We will wait and watch before taking a enws position.
Trading:Play for resistance/support breaks or bounces.
Supports: 2980, 2750, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower high and a lower low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - SBI made a higher high and a higher low. However it was a doji candle. We will stay short and keep stop losses strict.
Trading Strategy: Stay short, with stop loss at 3253.
Resistances: 3325
Supports: 3043

October 28, 2010, Nifty

The Nifty made a lower high and a higher low. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 28, 2010, Single Stock

Bharti - Bharti fell sharply again. However we will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 314
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy made a lower high and a lower low. We hit our stop loss and closed our position. We will wait and watch before taking a enws position.
Trading:Play for resistance/support breaks or bounces.
Supports: 2980, 2750, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a lower low. It was an engulfing candle. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - SBI made a lower high and a lower low. We will stay short and move our stop loss down.
Trading Strategy: Stay short, move stop loss down to 3253.
Resistances: 3325
Supports: 3043

October 27, 2010, Nifty

The Nifty made a lower high and a higher low. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 27, 2010, Single Stock

Bharti - Bharti fell sharply. However we will stay long.
Trading Strategy: Stay long with a stop loss at 314
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy made a lower high and a lower low. It was also a doji candle. We will stay long.
Trading: Stay long with a stop loss at 2980
Supports: 2980, 2750, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower high and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - SBI made a lower high and a lower low. We will stay short and look to move our stop loss down.
Trading Strategy: Stay short with a stop loss at 3325.
Resistances: 3325
Supports: 3043

October 26, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 26, 2010, Single Stock

Bharti - Bharti made an equal high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 314
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy made a lower high and a higher low. We will stay long.
Trading: Stay long with a stop loss at 2980
Supports: 2980, 2750, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a higher low. RIL has now made a new and we have missed the second chance to go long. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - SBI made a higher high and a higher low. However we will stay short.
Trading Strategy: Stay short with a stop loss at 3325.
Resistances: 3325
Supports: 3043

October 25, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 25, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 314
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy made a higher high and a higher low. We will go long with a stop loss at the recent low.
Trading: Go long with a stop loss at 2980
Supports: 2980, 2750, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a higher low. However it was a doji candle. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - SBI made a higher high and a higher low. However it was a doji candle. We will stay short.
Trading Strategy: Stay short with a stop loss at 3325.
Resistances: 3325
Supports: 3043

October 22, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 22, 2010, Single Stock

Bharti - Bharti jumped sharply of its low. We will go long with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 314
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy made a lower low and a lower high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a higher low. The sharp upmove is a positive signal, but we will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - SBI made a higher high and a higher low. It rose sharply after a doji candle. It is a bullish signal but we will stay short.
Trading Strategy: Stay short with a stop loss at 3325.
Resistances: 3325
Supports: 3043

October 21, 2010, Nifty

The Nifty made a lower high and a lower low. Our stop loss was not hit. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 21, 2010, Single Stock

Bharti - Bharti fell sharply again, making another lower low, but a higher high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 314, 308
Resistances: 348-52, 377

Infosys - Infy made a lower low and a lower high. It fell sharply. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower high and a lower low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - SBI made a lower low and a lower high. It fell sharply. It was also a doji candle. We will stay short and look to lower our stop loss.
Trading Strategy: Stay short with a stop loss at 3325.
Resistances: 3325
Supports: 3043

October 20, 2010, Nifty

The Nifty made a higher high and a higher low. Our stop loss was not hit. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 20, 2010, Single Stock

Bharti - Bharti fell sharply again, making another lower low, but a higher high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 314, 308
Resistances: 348-52, 377

Infosys - Infy made a lower low and a lower high. It fell sharply and hit our stop loss. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - SBI made a lower low and a lower high. It fell sharply. We will stay short and look to lower our stop loss.
Trading Strategy: Stay short with a stop loss at 3325.
Resistances: 3325
Supports: 3043

October 19, 2010, Nifty

The Nifty made a lower low and a lower high. However our stop loss was not hit. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 19, 2010, Single Stock

Bharti - Bharti fell sharply again, making another lower low and lower high. We have missed the entire down move of Bharti. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 314, 308
Resistances: 348-52, 377

Infosys - Infy made a lower low and a lower high. It came close to our stop loss but rebounced from the support. We will stay long.
Trading: Stay long, with stop loss at 3037. Keep stop losses strict.
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made a lower high and a lower low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - SBI made a lower low and a lower high. We will stay short.
Trading Strategy: Stay short with a stop loss at 3325.
Resistances: 3325
Supports: 3043

October 18, 2010, Nifty

The Nifty made a lower low and a lower high. However our stop loss was not hit. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 18, 2010, Single Stock

Bharti - Bharti fell sharply justifying our decision not to go long. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 331, 314
Resistances: 348, 485

Infosys - Infy made an engulfing candle. It was a higher high and a lower low. We will stay long.
Trading: Stay long, with stop loss at 3037. Keep stop losses strict.
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made a lower high and a lower low. It fell sharply and we hit our stop loss and closed our position. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1150

SBIN - We are also going to look at State Bank of India from today. SBI has been in a long term up move starting from 1863 on Feb 5, 2010. It has currently moved far above the upmove trend line and hence is pulling back. We will wait to see if it breaks the trend line and hence the long term tren or if the move down for the last two days is just a correction. In the the short term we expect it to move down. So we will go short.
Trading Strategy: Go short with a stop loss at 3325.
Resistances: 3325
Supports: 3043

October 15, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long and look to move our stop loss up. We expect the Nifty to go all the way to the previous high.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 15, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. Though there is a move up, we will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a higher high and a higher low. It was a sharp upmove. We will stay long.
Trading: Stay long, with stop loss at 3037.
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made a higher high and a lower low. We will stay long.
Trading Strategy: Stay long with a stop loss at 1046.
Supports: 1046, 952, 922, 900
Resistances: 1100, 1150

October 14, 2010, Nifty

The Nifty made a lower high and a lower low. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 14, 2010, Single Stock

Bharti - Bharti made a lower low but a higher high. This could be an end to the down trend. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a higher high and a lower low. It was a sharp upmove. We will stay long and move our stop loss up.
Trading: Stay long, move stop loss up to 3037.
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made a higher high and a higher low. We will go long with a stop loss at 1046.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1046, 952, 922, 900
Resistances: 1100, 1150

October 13, 2010, Nifty

The Nifty made a lower high and a lower low. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 13, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a lower high and a lower low. We will stay long and look to move our stop loss up.
Trading: Stay long with stop loss at 3000.
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made a lower high and a lower low. We will wait for a pull back to go long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

October 8, 2010, Nifty

The Nifty made a higher high and a higher low. We still feel the Nifty could go all the way to its highest high. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 12, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. It fell sharply justifying the fact that we have closed our position. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a higher high and a higher low. The up move looks renewed. We will stay long and look to move our stop loss up.
Trading: Stay long with stop loss at 3000.
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made a higher high and a higher low. We will wait for a pull back to go long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

October 8, 2010, Nifty

The Nifty made a lower low and a lower high. We still feel the Nifty could go all the way to its highest high. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 8, 2010, Single Stock

Bharti - Bharti made a higher low and a higher high. However it was a doji candle. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a lower high and a lower low. It was a sharp fall after the doji candle. This is a bearish indicator. We will stay long, but keep stop losses strict and look to exit.
Trading: Stay long with stop loss at 3000.
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made a higher high and a higher low. It also moved above the previous high of 1049 and Sep 21. We will wait for a pull back to go long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

October 7, 2010, Nifty

The Nifty made a higher low and a higher high. We still feel the Nifty could go all the way to its highest high. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 7, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a higher high and a higher low. It was a doji candle. We will stay long, but look to move our stop loss up.
Trading: Stay long with stop loss at 3000.
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made a higher high and a higher low. It is close to its previous high of 1049 on Sep 21. A move above this would be a bullish signal. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

October 6, 2010, Nifty

The Nifty made a lower low and a lower high. We still feel the Nifty could go all the way to its highest high. We will stay long.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 6, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. We hit our stop loss and finally closed our long taking huge profits. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a lower high and a higher low. We will stay long.
Trading: Stay long with stop loss at 3000.
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made an engulfing candle. There is no clear trend evident yet. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

October 5, 2010, Nifty

The Nifty made a higher high and a lower low. We will stay long.
Trading Strategy: Stay long, with stop loss at 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 5, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. However our stop loss was not hit. We will stay long and keep stop losses strict.
Trading Strategy: Stay long with stop loss at 353.
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a higher high and a higher low. We will stay long.
Trading: Stay long with stop loss at 3000.
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made a higher high and a higher low. However it was a hammer candle. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

October 4, 2010, Nifty

The Nifty made a higher high and a lower low. The Nifty found support above 5816 and is looking good for making a new high. We will stay long and move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 5932.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

October 4, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low on Friday. We will stay long, and move our stop loss up.
Trading Strategy: Stay long move stop loss upt to 353.
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a higher high and a higher low. We will stay long and move our stop loss up.
Trading: Stay long, move stop loss up to 3000.
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL fell to 980m and Friday made a higher high and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

September 28, 2010, Nifty

The Nifty made a higher high and a lower low. The Nifty found support above 5816 and is looking good for making a new high. We will stay long.
Trading Strategy: Stay long with stop loss at 5816.
Supports: 5816, 5415, 5345-55
Resistances: 6357

September 28, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long, and look to move our stop loss up.
Trading Strategy: Stay long, with stop loss at 345.
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a higher high and a higher low. We will stay long and move our stop loss up.
Trading: Stay long, move stop loss up to 2973.
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL hit our stop loss on Friday and we closed our position. On Monday it made a higher high and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

September 24, 2010, Nifty

The Nifty made a lower high and a lower low. The rally in the Nifty seems to have lost steam. We will wait to see if Nifty can find some support above 5816, if so the upmove could be renewed and Nifty could go all the way to the previous high of 6357.
We will stay long.
Trading Strategy: Stay long with stop loss at 5816.
Supports: 5816, 5415, 5345-55
Resistances: 6357

September 24, 2010, Single Stock

Bharti - Bharti made a lower high, and a lower low. We will stay long, but keep our stop losses strict. It looks like the up move in Bharti is finally ending.
Trading Strategy: Stay long, with stop loss at 345.
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a lower low and a lower high. We will stay long.
Trading: Stay long with a stop loss at 2959
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made a lower high and a lower low. It almost hit our stop loss. We expect to hit our stop loss on Friday. However we will stay long, but keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 990.
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

September 23, 2010, Nifty

The Nifty made a higher high and a lower low. It took support from teh 5 day moving and average and this could be an important support. If Nifty is able to hold above this it could go all the way to the previous high of 6357.
We will stay long.
Trading Strategy: Stay long with stop loss at 5816.
Supports: 5816, 5415, 5345-55
Resistances: 6357

September 23, 2010, Single Stock

Bharti - Bharti made a higher high, and a lower low. We will stay long, but keep our stop losses strict. It looks like the up move in Bharti is finally ending.
Trading Strategy: Stay long, with stop loss at 345.
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made an engulfing candle. It looks like Infy could fall from here. We will stay long.
Trading: Stay long with a stop loss at 2959
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made a lower high and a lower low. However we will stay long.
Trading Strategy: Stay long, with stop loss at 990.
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

September 22, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long and move our stop loss up.
Trading Strategy: Stay long with stop loss at 5816.
Supports: 5816, 5415, 5345-55
Resistances: 6357

September 22, 2010, Single Stock

Bharti - Bharti made a lower high, and a higher low. It was also a doji candle, following Monday's hammer candle. We will stay long. It looks like the up move in Bharti is finally ending.
Trading Strategy: Stay long, with stop loss at 345.
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a higher high and a higher low. We will stay long.
Trading: Stay long with a stop loss at 2959
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long, with stop loss at 990.
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

September 21, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long and move our stop loss up.
Trading Strategy: Stay long with stop loss at 5816.
Supports: 5816, 5415, 5345-55
Resistances: 6357

September 20, 2010, Single Stock

Bharti - Bharti made a higher high, and a higher low. It was also a hammer candle. We will stay long. It looks like the up move in Bharti is finally ending.
Trading Strategy: Stay long, with stop loss at 345.
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a higher high and a higher low. We will go long with a stop loss at the recent low.
Trading: Go long with a stop loss at 2959
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long, with stop loss at 990.
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

September 20, 2010, Nifty

The Nifty made a lower high, and a higher low. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with stop loss at 5568.
Supports: 5568, 5415, 5345-55
Resistances: 5700, 6357

September 20, 2010, Single Stock

Bharti - Bharti made an equal high, and a higher low. We will stay long. It looks like the up move in Bharti is finally ending. We may hit our stop loss today.
Trading Strategy: Stay long, with stop loss at 345.
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a lower high and a higher low. It was also a doji candle. We will wait for a good entry point to take a long position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made a higher high and a higher low. We will move out stop loss up and stay long.
Trading Strategy: Stay long, move stop loss up to 990.
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

September 17, 2010, Nifty

The Nifty made a higher high, and a higher low. We will stay long.
Trading Strategy: Stay long with stop loss at 5568.
Supports: 5568, 5415, 5345-55
Resistances: 5700, 6357

September 17, 2010, Single Stock

Bharti - Bharti made a lower high, and a lower low. We will stay long. It looks like the up move in Bharti is finally ending. We may hit our stop loss today.
Trading Strategy: Stay long, with stop loss at 345.
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a lower low and a lower high. We will wait for a good entry point to take a long position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made an inside day. We could expect a strong move over the next few trading sessions. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 952
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

September 16, 2010, Nifty

The Nifty made a higher high, and a higher low. We will stay long. The Nifty is now looking good for a move all the way up to the all time high of 6357.
Trading Strategy: Stay long with stop loss at 5568.
Supports: 5568, 5415, 5345-55
Resistances: 5700, 6357

September 16, 2010, Single Stock

Bharti - Bharti made a higher high, and a higher low. We will stay long and move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 345.
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a higher high and a higher low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long, with stop loss at 952
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

September 15, 2010, Nifty

The Nifty made a higher high, and a higher low. We will stay long. The Nifty is now looking good for a move all the way up to the all time high of 6357.
Trading Strategy: Stay long with stop loss at 5568.
Supports: 5568, 5415, 5345-55
Resistances: 5700, 6357

September 15, 2010, Single Stock

Bharti - Bharti made a new high, but a lower low. We will stay long and look to move our stop loss up if the uptrend continues.
Trading Strategy: Stay long, with stop loss at 338.
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a higher high and a higher low. We are not able to enter into a long as Infy already looks well into the uptrend. We have clearly missed the opportunity. This now marks and all time high for Infy.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long, with stop loss at 952
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

September 14, 2010, Nifty

The Nifty made a higher high, and a higher low. We will stay long.
Trading Strategy: Stay long with stop loss at 5568.
Supports: 5568, 5415, 5345-55
Resistances: 5700

September 14, 2010, Single Stock

Bharti - Bharti made a lower high and a lower low. We will stay long.
Trading Strategy: Stay long, with stop loss at 338.
Supports: 338, 331, 314
Resistances: 343

Infosys - Infy made a higher high and a higher low. There was a strong move above 2907. We will now look for an entry point to go long.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a higher high and a higher low. We will stay long and move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 952
Supports: 952, 922, 900
Resistances: 994, 1100, 1150

September 10, 2010, Nifty

The Nifty made a higher high, and a lower low. We will stay long, but move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 5568.
Supports: 5568, 5415, 5345-55
Resistances: 5550

September 10, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 338.
Supports: 338, 331, 314
Resistances: 343

Infosys - Infy made a higher high and a higher low. We will wait and watch before taking a new position. We will look for a move above 2907 before taking a long position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a higher high and a higher low. We will waint and watch before moving our stop loss up.
Trading Strategy: Stay long with a stop loss at 922
Supports: 900, 922
Resistances: 994, 1100, 1150

September 09, 2010, Nifty

The Nifty made a higher high, but a lower low. It was also a doji candle indicating the end of the uptrend.
Trading Strategy: Stay long with a stop loss at 5474.
Supports: 5415, 5345-55
Resistances: 5478, 5550

September 09, 2010, Single Stock

Bharti - Bharti made a higher high and a lower low. It was an engulfing candle signalling a possible end to the uptrend. We will stay long.
Trading Strategy: Stay long, with a stop loss at 331.
Supports: 331, 314, 292
Resistances: 343

Infosys - Infy made a higher high and a higher low. We will wait and watch before taking a new position. We will look for a move above 2907 before taking a long position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a lower high and a lower low. We will stay long and look for the next pivot point to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 922
Supports: 900, 922
Resistances: 994, 1100, 1150

September 08, 2010, Nifty

The Nifty made a higher high and a higher low. It also broke the previous high of 5550. We will stay long.
Trading Strategy: Stay long with a stop loss at 5474.
Supports: 5415, 5345-55
Resistances: 5478, 5550

September 08, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long, with a stop loss at 331.
Supports: 331, 314, 292
Resistances: 343

Infosys - Infy made a higher high and a higher low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a higher high and a higher low. We will stay long and look for the next pivot point to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 922
Supports: 900, 922
Resistances: 994, 1100, 1150

September 07, 2010, Nifty

The Nifty made a higher high and a higher low. It also broke the previous high of 5550. We will stay long and move our stop loss up.
Trading Strategy: Stay long with a stop loss at 5474.
Supports: 5415, 5345-55
Resistances: 5478, 5550

September 07, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long and move our stop loss up. Bharti looks good to break the resistance at 343. We will wait and watch.
Trading Strategy: Stay long, with a stop loss at 331.
Supports: 331, 314, 292
Resistances: 343

Infosys - Infy made a higher high and a higher low. The large candles indicate an increasing volatility in Infy. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a higher high and a higher low. We will stay long and move our stop loss up.
Trading Strategy: Stay long with a stop loss at 922
Supports: 900, 922
Resistances: 994, 1100, 1150

September 03, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 5345
Supports: 5415, 5345-55
Resistances: 5478

September 03, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long, with a stop loss at 314.
Supports: 314, 292, 282
Resistances: 343

Infosys - Infy made a higher high and a higher low. The large candles indicate an increasing volatility in Infy. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 915
Supports: 900
Resistances: 994, 1100, 1150

September 02, 2010, Nifty

The Nifty rose sharply from its support of 5349. We will go long with a stop loss at the recent support.
Trading Strategy: Go long with a stop loss at 5345
Supports: 5415, 5345-55
Resistances: 5478

September 02, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. Bharti moved up sharply. We will move our stop loss up to but we will wait and watch before moving our stop loss up.
Trading Strategy: Stay long, move stop loss up to 314.
Supports: 314, 292, 282
Resistances: 343

Infosys - Infy made a higher high and a higher low. With the rest if the market Infy jumped up sharply. However we will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made an indside day, indicating a possible trend reversal. We will go long with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 915
Supports: 900
Resistances: 994, 1100, 1150

September 01, 2010, Nifty

Monday was a doji candle. Followed by a hammer on Tuesday. We will waint to see if Nifty is finding a bottom. If the Nifty does not find support here, the next point of support is at 5232.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 5415, 5345-55, 5232,
Resistances: 5478

September 01, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. Bharti moved up sharply, but we will wait and watch before moving our stop loss up.
Trading Strategy: Stay long, with stop loss at 308.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made a higher high and a higher low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a lower low but a lower high. Clerly RIL has not yet found a bottom. The next support is t 900 which was the Nov-09 low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 900
Resistances: 994, 1100, 1150

August 31, 2010, Nifty

The Nifty hit our stop loss on Friday and we closed our position. Monday was a doji candle. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 5415, 5345-55, 5232,
Resistances: 5478

August 31, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will wait and watch before moving our stop loss up.
Trading Strategy: Stay long, with stop loss at 308.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy hit our stop loss again on Friday and we closed our position. We will waint and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a lower low but a higher high. This could be the bottom. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1007, 975, 960
Resistances: 1100, 1150

August 27, 2010, Nifty

The Nifty made an inside day, indicating and end to the down move. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long move stop loss up to 5431
Supports: 5431, 5345-55
Resistances: 5478

August 27, 2010, Single Stock

Bharti - Bharti made a lower high and a higher low and is still above our stop loss.
Trading Strategy: Stay long, with stop loss at 308.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy hit our stop loss of 2750 and we closed our position. However we will go long again with a stop loss at 2730.
Trading: Go long with a stop loss at 2730
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a lower low and a lower high. It has broken the support and 960. We will wait and watch before we take a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1007, 975, 960
Resistances: 1100, 1150

August 26, 2010, Nifty

The Nifty made a lower low and a lower high. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long move stop loss up to 5431
Supports: 5431, 5345-55
Resistances: 5478

August 26, 2010, Single Stock

Bharti - Bharti made a lower high and a lower low, but is still above our stop loss.
Trading Strategy: Stay long, with stop loss at 308.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made a higher low and a higher high. This could be the begining of an uotrend. We will go long. with a stop loss at 2750.
Trading: Go long with a stop loss at 2750
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a lower low and a lower high. However it has not broken the support at 960. Last time RIL was able to take support from around 960 (958) we will see if the support hold this time. We will wait and watch before we take a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1007, 975, 960
Resistances: 1100, 1150

August 25, 2010, Nifty

The Nifty lower low and a lower high. A down move after a doji looks bad for the Nifty. We will mov our stop loss up and look to close our position.
Trading Strategy: Stay long move stop loss up to 5431
Supports: 5431, 5345-55
Resistances: 5478

August 25, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long and move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 308.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made a lower high and a lower low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a lower low and a lower high. Last time RIL was able to take support from around 960 (958) we will see if the support hold this time. We will wait and watch before we take a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1007, 975, 960
Resistances: 1100, 1150

August 23, 2010, Nifty

The Nifty made a higher high and a higher low. However it was a doji candle. We will stay long.
Trading Strategy: Stay long move stop loss up to 5397
Supports: 5345-55
Resistances: 5478

August 23, 2010, Single Stock

Bharti - Bharti fell sharply on Friday, indicating a possible end to the uptrend and the start of a down trend. We will stay long but keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 305.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made a lower high and a lower low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a higher high and a higher low. This was expected after the resistanc was brokn. We will wait and watch before we take a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1007, 975, 960
Resistances: 1100, 1150

August 20, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long and move our stop loss up.
Trading Strategy: Stay long move stop loss up to 5397
Supports: 5345-55
Resistances: 5478

August 20, 2010, Single Stock

Bharti - Bharti made an inside day. The candles have also been getting smaller, indicating that Bharti is heading for an inflection point. We will stay long but keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 305.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made a higher high and a higher low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a higher high and a higher low. This was expected after the resistanc was brokn. We will wait and watch before we take a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1007, 975, 960
Resistances: 1100, 1150

August 19, 2010, Nifty

The Nifty moved up sharply and our long position was rewarded. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 5372
Supports: 5345-55
Resistances: 5478

August 19, 2010, Single Stock

Bharti - Bharti made a lower high and a lower low. We will stay long but keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 305.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy moved up sharply and made a higher high and a higher low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a lower low and a lower high. We hit our stop loss and closed our position. We will waitn and watch before we take a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1007, 975, 960
Resistances: 1100, 1150

August 18, 2010, Nifty

Nifty made a higher low but a lower high. It was a doji candle. We will wait to see if the support holds.
Trading Strategy: Stay long with a stop loss at 5372
Supports: 5345-55
Resistances: 5478

August 18, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long. We will wait to see if we should move our stop loss up.
Trading Strategy: Stay long, with stop loss at 305.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made a lower low and a lower high and also broke the support at 2750. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a lower low and a lower high. We will stay long.
Trading Strategy: Stay long with a stop loss at 960.
Supports: 1007, 975, 960
Resistances: 1100, 1150

August 17, 2010, Nifty

Nifty made a lower low and and a lower high. We will wait to see if the support hold.
Trading Strategy: Stay long with a stop loss at 5372
Supports: 5345-55
Resistances: 5478

August 17, 2010, Single Stock

Bharti - Bharti made a lower high and a higher low. We will stay long. We will wait to see if we should move our stop loss up.
Trading Strategy: Stay long, with stop loss at 305.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy did not break below the 2750 support. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a higher low, but a lower high. We will stay long.
Trading Strategy: Stay long with a stop loss at 960.
Supports: 1007, 975, 960
Resistances: 1100, 1150

August 16, 2010, Nifty

Fibonacci Doji was closed last week, but is now back.
The Nifty moved up to 5500, last week but gave up its gains. 5372 was a support from which the Nifty is moving up again. We will go long.
Trading Strategy: Go long with a stop loss at 5372
Supports: 5345-55
Resistances: 5478

August 16, 2010, Single Stock

We have been closed for one week, but are back and hope to pick up where we left off.
Bharti - Bharti made a lower high and a higher low. We will stay long. It looks like 330 is a big resistance.
Trading Strategy: Bharti seems to have falled to 315, but taken support from there. We will wait to see if we should move our stop loss up.
Stay long, with stop loss at 305.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy hit our stop loss during the week and we will close our position. This is the second time, Infy is testing the 2750 resistance. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2716, 2668, 2558
Resistances: 2800,2905

RIL - RIL has continously falled after we closed our position. There seems to be some support at 960-75. We will go long with a stop loss at 960.
Trading Strategy: Go long with a stop loss at 960.
Supports: 1007, 975, 960
Resistances: 1100, 1150

August 06, 2010, Nifty

The market opened up, and seems to be moving higher.
Nifty made a higher high and a higher low on Thursday. We will wait for a pull back to go long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5345-55
Resistances: 5478

August 06, 2010, Single Stock

Bharti - Bharti made a lower high and a higher low. We will stay long. It looks like 330 is a big resistance.
Trading Strategy: Stay long, with stop loss at 305.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made a higher high and a higher low. We will stay long.
Trading: Stay long, with a stop loss at 2770.
Supports: 2716, 2668, 2558
Resistances: 2800,2905

RIL - RIL made a lower low and a lower high. We hit our stop loss and closed our position. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 1007, 975, 960
Resistances: 1100, 1150

August 05, 2010, Nifty

The market opened up, but seems to be losing its gains now.
Nifty made a higher high and a higher low on Wednesday. Nifty broke the previous high of 5478. This is a positive signal. We will wait for a pull back to go long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5345-55
Resistances: 5478

August 05, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long and move our stop loss up.
Trading Strategy: Stay long, with stop loss at 305.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made a sharp upmove. Our persistence was rewarded. We will stay long, but move our stop loss up.
Trading: Stay long, with a stop loss to 2770.
Supports: 2716, 2668, 2558
Resistances: 2800,2905

RIL - RIL made a higher high and a lower low. We will stay long.
Trading Strategy: Stay long with a stop loss at 1007.
Supports: 1007, 975, 960
Resistances: 1100, 1150

August 04, 2010, Nifty

The market opened up, but is now flat.
Nifty made a higher high and a higher low on Tuesday. We will wait and watch before taking a new position. A failure to break the previous high of 5478 would be a negative signal.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5345-55
Resistances: 5478

August 04, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long, with stop loss at 302.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made an engulfing candle. We will stay long, but keep stop losses strict.
Trading: Stay long, with a stop loss to 2727.
Supports: 2716, 2668, 2558
Resistances: 2800,2905

RIL - RIL made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 1007.
Supports: 1007, 975, 960
Resistances: 1100, 1150

August 03, 2010, Nifty

The market opened a gap up, but is now flat.
Nifty made a higher high and a higher low on Monday. However we missed the up-move as we have closed our position on Friday. We will wait and watch before taking a new position. A failure to break the previous high of 5478 would be a negative signal.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5345-55
Resistances: 5478

August 03, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 302.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made a doji candle indicating indecision. We will stay long, but keep stop losses strict.
Trading: Stay long, with a stop loss to 2727.
Supports: 2716, 2668, 2558
Resistances: 2800,2905

RIL - RIL made a higher high and a higher low. It looks like RIL is forming a base for a new uptrend. We will go long, with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 1007.
Supports: 1007, 975, 960
Resistances: 1100, 1150

August 02, 2010, Nifty

The market opened a gap up.
We hit our stop loss on Friday and closed our position. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5202, 5100, 4960-4985
Resistances: 5342-67, 5400, 5478

July 29, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 302.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made a lower low and a lower high. We will stay long.
Trading: Stay long, with a stop loss to 2727.
Supports: 2716, 2668, 2558
Resistances: 2800,2905

RIL - RIL made a lower low and a lower high. It was a big candle indicating increasing volatility in RIL. Supports at 1051 and 1040 are broken. We could see RIL move down.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1040-1051, 975, 960
Resistances: 1100, 1150

July 29, 2010, Nifty

The market opened a touch down, but is now flat.
It looks like the rally is losing steam. We will stay long, but keep stop losses strict. Nifty could hit the stop loss over the next few sessions.
Trading Strategy: Stay long with stop loss at 5354.
Supports: 5202, 5100, 4960-4985
Resistances: 5342-67, 5400, 5478

July 29, 2010, Single Stock

Bharti - Bharti made a higher low but a lower high. It was a hammer candle, indicating a possible end to the uptrend. We will stay long.
Trading Strategy: Stay long move stop loss up to 302
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made a higher low and a higher high. We will stay long.
Trading: Stay long, a move stop loss to 2727.
Supports: 2716, 2668, 2558
Resistances: 2800,2905

RIL - RIL made a lower low and a higher high. It was a big candle indicating increasing volatility in RIL. Support at 1051 and 1040 are supports.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1040-1051, 975, 960
Resistances: 1100, 1150

July 28, 2010, Nifty

The market opened a touch up, but is now flat.
It looks like the rally is losing steam. Nifty made a lower high and a lower low. We will stay long.
Trading Strategy: Stay long with stop loss at 5354.
Supports: 5202, 5100, 4960-4985
Resistances: 5342-67, 5400, 5478

July 28, 2010, Single Stock

Bharti - Bharti made a higher low and a higher high. It was a doji candle and this could be the end of the up move. We will stay long.
Trading Strategy: Stay long move stop loss up to 302
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made a higher low and a higher high. We will stay long and move our stop loss up.
Trading: Stay long, a move stop loss to 2727.
Supports: 2716, 2668, 2558
Resistances: 2800,2905

RIL - RIL made a lower high and a higher low. We will look for a strong move above 1100 before going long. 1051 and 1040 are supports.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1040-1051, 975, 960
Resistances: 1100, 1150

July 27, 2010, Nifty

The market opened a touch up, but is now flat.
It looks like the rally is losing steam. Nifty made a lower high and a lower low. We will stay long.
Trading Strategy: Stay long, move stop loss up to 5354.
Supports: 5202, 5100, 4960-4985
Resistances: 5342-67, 5400, 5478

July 27, 2010, Single Stock

Bharti - Bharti made a higher low and a higher high. We will stay long and move our stop loss up.
Trading Strategy: Stay long move stop loss up to 302
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made a higher low and a lower high. Stay long. We will switch to short if 2716 is broken.
Trading: Stay long, with a stop loss at 2716.
Supports: 2716, 2668, 2558
Resistances: 2800,2905

RIL - RIL made a lower high and a lower low. We will look for a strong move above 1100 before going long. 1051 and 1040 are supports.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1040-1051, 975, 960
Resistances: 1100, 1150

July 26, 2010, Nifty

The market opened a touch up, but is now a touch down.
Nifty made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long, move stop loss up to 5354.
Supports: 5202, 5100, 4960-4985
Resistances: 5342-67, 5400

July 26, 2010, Single Stock

Bharti - Bharti made a higher low and a higher high. We will stay long and move our stop loss up.
Trading Strategy: Stay long move stop loss up to 292
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made a higher high and a higher low. It was also a dojio candle. Stay long. We will switch to short if 2716 is broken.
Trading: Stay long, with a stop loss at 2716.
Supports: 2716, 2668, 2558
Resistances: 2800,2905

RIL - RIL made a higher high and a higher low. It was also a doji candle, so we could see a new trend setting in. We will look for a strong move above 1100 before going long. 1051 and 1040 are supports.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1040-1051, 975, 960
Resistances: 1100, 1150

July 23, 2010, Nifty

Market opened gap up but is showing some weakness now.
Nifty 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 up to 5354.
Supports: 5202, 5100, 4960-4985
Resistances: 5342-67, 5400

July 23, 2010, Single Stock

Bharti - Bharti made a lower low and a higher high. It was an engulfing candle. The support at 292 was not broken. We will stay long.
Trading Strategy: Stay long, with stop loss at 282.
Supports: 264, 260, 254
Resistances: 343

Infosys - Infy made a lower low and a lower high. It was also a hammer candle. However out stop loss was not hit. lower high and a higher low. Stay long. We will switch to short if 2716 is broken.
Trading: Stay long, with a stop loss at 2716.
Supports: 2716, 2668, 2558
Resistances: 2800,2905

RIL - RIL made a lower high and a lower low. It was also a doji candle, so we could see a new trend setting in. We will look for a strong move above 1100 before going long. 1051 and 1040 are supports.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1040-1051, 975, 960
Resistances: 1100, 1150

July 22, 2010, Nifty

Market has just opened a touch lower.
Nifty made a higher low and a lower high. We will stay long.
Trading Strategy: Stay long with a stop loss at 5300.
Supports: 5202, 5100, 4960-4985
Resistances: 5342-67, 5400

July 21, 2010, Single Stock

Bharti - Bharti made a lower high and a lower low. We will stay long.
Trading Strategy: Stay long, with stop loss at 282.
Supports: 264, 260, 254
Resistances: 343

Infosys - Infy made a lower high and a higher low. It was also a doji candle. Stay long. We will switch to short if 2716 is broken.
Trading: Stay long, with a stop loss at 2716.
Supports: 2716, 2668, 2558
Resistances: 2800,2905

RIL - RIL made a lower high and a higher low. It was also a doji candle, so we could see a new trend setting in. We will look for a strong move above 1100 before going long. 1051 and 1040 are supports.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1040-1051, 975, 960
Resistances: 1100, 1150

July 21, 2010, Nifty

Nifty made a higher high and a lower low. We will stay long. Nifty candles are getting bigger indicating increase in volatility. This is usually indicative of a downtrend setting in.
Trading Strategy: Stay long with a stop loss at 5300.
Supports: 5202, 5100, 4960-4985
Resistances: 5342-67, 5400

July 21, 2010, Single Stock

Bharti - Bharti made a lower high but a higher low. We will stay long.
Trading Strategy: Stay long, with stop loss at 282.
Supports: 264, 260, 254
Resistances: 343

Infosys - Infy made a lower high and a higher low. Stay long. We will switch to short if 2716 is broken.
Trading: Stay long, with a stop loss at 2716.
Supports: 2716, 2668, 2558
Resistances: 2800,2905

RIL - RIL made a lower high and a lower low. We will look for a strong move above 1100 before going long. 1051 and 1040 are supports.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1040-1051, 975, 960
Resistances: 1100, 1150

July 20, 2010, Nifty

Nifty made a higher high and a lower low. We will stay long.
Trading Strategy: Stay long with a stop loss at 5300.
Supports: 5202, 5100, 4960-4985
Resistances: 5342-67, 5400

July 20, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. The support at 292 was not broken, so we could see a new high. We will stay long.
Trading Strategy: Stay long, with stop loss at 282.
Supports: 264, 260, 254
Resistances: 343

Infosys - Infy made a lower high and a lower low. If you went long yesterday, keep stop loss at 2716. 2716 is a critical support. We will switch to short if 2716 is broken.
Trading: Go long, with a stop loss at 2716.
Supports: 2716, 2668, 2558
Resistances: 2800,2905

RIL - RIL made a lower high and a lower low. We will look for a strong move above 1100 before going long. 1051 and 1040 are supports.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1040-1051, 975, 960
Resistances: 1100, 1150

July 19, 2010, Nifty

Nifty made a higher high and a higher low. The US markets were down of Friday, so we could see a gap down opening. We will stay long.
Trading Strategy: Stay long with a stop loss at 5300.
Supports: 5202, 5100, 4960-4985
Resistances: 5342-67, 5400

July 19, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high, but we will stay long.
Trading Strategy: Stay long, with stop loss at 282. 292 will be a 38% fibonacci retracement and is a good support level to watch for.
Supports: 264, 260, 254
Resistances: 343

Infosys - Infy seems to be moving up from the support at 2716. We will wait for today's opening trade and if 2716 is not broken, we will go long, with a stop loss at 2737.
Trading: Play for resistance/support breaks or bounces.
Supports: 2716, 2668, 2558
Resistances: 2800,2905

RIL - RIL made a lower high and a lower low. We will look for a strong move above 1100 before going long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 975, 960
Resistances: 1100, 1150