Wednesday, September 22, 2010

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

No comments: