Tuesday, September 14, 2010

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

No comments: