Thursday, March 11, 2010

March 11, 2010, Single Stock

Bharti - Bharti broke the support at 285 and we closed our long and went short. Trading strategy: If you have not already, close the long and go short with a stop loss at 304.
Supports: 269, 241.5
Resistances: 304, 332, 348.8

Infosys - Infy made a lower high and a higher low. Almost and inside day. We will stay long but keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 2613.
Supports: 2582, 2458, 2415
Resistances: 2700

RIL - RIL made a higher high and a higher low, however we will stay short.
Trading Strategy: Stay short with a stop loss at 1040.
Supports: 975, 901
Resistances: 1040-46, 1150

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