Wednesday, March 3, 2010

March 04, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. However it was a doji candle. We will move our stop loss up and stay long.
Trading strategy: Stay long, move stop loss to 285
Supports: 269, 241.5
Resistances: 332, 348.8

Infosys - Infy 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 with a stop loss at 2582
Supports: 2582, 2458, 2415
Resistances: 2700

RIL - RIL broke our stop loss today 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: 975, 901
Resistances: 1046, 1150

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