Friday, June 11, 2010

June 11, 2010, Single Stock

Bharti - Bharti rose sharply yesterday, making 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 271.
Supports: 254, 269
Resistances: 279, 302, 321

Infosys - Infy made a higher high and a higher low, however we will stay long. Keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 2558.
Supports: 2558, 2458-7
Resistances: 2735, 2759

RIL - RIL made a higher high and a higher low. We will stay long.
Trading Strategy: Go long with a stop loss at 995
Supports: 975, 960
Resistances: 1100, 1150

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