Friday, September 10, 2010

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

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