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