December 30, 2010, Nifty

The Nifty 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 loss at 5855.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 30, 2010, Single Stock

Bharti - Bharti moved up sharply and made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long, with stop loss up at 330.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and and a higher low. We will stay long and look to move our stop loss up.
Trading:Stay long, with stop loss at 3187 (61% retracement).
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower high and a higher low. We will stay long and keep stop losses strict.
Trading:Stay long, with stop loss at 1036.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a lower high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 29, 2010, Nifty

The Nifty made a lower low and a lower high. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with loss at 5855.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 29, 2010, Single Stock

Bharti - Bharti made a lower high and a lower low. We will stay long.
Trading Strategy: Stay long, move stop loss up to 330.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower high and and a higher low. We will stay long and look to move our stop loss up.
Trading:Stay long, with stop loss at 3187 (61% retracement).
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower high and a lower low. We will stay long and keep stop losses strict.
Trading:Stay long, with stop loss at 1036.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a lower high and a lower low. We will stay long.
Trading Strategy: Stay long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 28, 2010, Nifty

The Nifty made a higher low and a higher high. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with loss at 5855.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 28, 2010, Single Stock

Bharti - Bharti made a higher high and a lower low. We will stay long and move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 330.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and and a higher low. We will stay long and look to move our stop loss up.
Trading:Stay long, with stop loss at 3187 (61% retracement).
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a higher low. We will stay long and keep stop losses strict.
Trading:Stay long, with stop loss at 1036.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a higher high and a higher low. It was also a doji candle. We will stay long.
Trading Strategy: Stay long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 27, 2010, Nifty

The Nifty made a lower low and a higher high. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with loss at 5855.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 27, 2010, Single Stock

Bharti - Bharti made a higher high and a lower low. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 320
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and and a higher low. We will stay long and look to move our stop loss up.
Trading:Stay long, with stop loss at 3187 (61% retracement).
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made an equal low and an equal high. We will stay long and keep stop losses strict.
Trading:Stay long, with stop loss at 1036.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a higher high and a lower low. It was also a doji candle. We will stay long.
Trading Strategy: Stay long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 24, 2010, Nifty

The Nifty made a higher low and a lower high. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with loss at 5855.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 24, 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 a stop loss at 320
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and and a higher low. We will stay long and look to move our stop loss up.
Trading:Stay long, with stop loss at 3187 (61% retracement).
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower low and a lower high. We will stay long and keep stop losses strict.
Trading:Stay long, with stop loss at 1036.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a lower high and a higher low. It was also a doji candle. We will stay long.
Trading Strategy: Stay long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 23, 2010, Nifty

The Nifty made a lower low and a higher high. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with loss at 5855.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 23, 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 a stop loss at 320
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower low and a lower high. We will stay long, and move our stop loss up.
Trading:Stay long, move stop loss up to 3187 (61% retracement).
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower low and a lower high. We will stay long and keep stop losses strict.
Trading:Stay long, with stop loss at 1036.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 22, 2010, Nifty

The Nifty made a higher low and a higher high reinforcing the positive trend. We will stay long and move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 5855.
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 22, 2010, Single Stock

Bharti - Bharti fell sharply again and made a lower low and a lower high. We will stay long but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 320
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. We will stay long, and look to move our stop loss up.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a higher low. We will stay long and move our stop loss up.
Trading:Stay long, move stop loss to 1036.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 21, 2010, Nifty

The Nifty made a higher low and a higher high reinforcing the positive trend. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 21, 2010, Single Stock

Bharti - Bharti fell sharply and made a lower low and a lower high. We will stay long.
Trading Strategy: Stay long with a stop loss at 320
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. It moved up sharply. We will stay long, and look to move our stop loss up.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a higher low. We will stay long.
Trading:Stay long with a stop loss at 978.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made an inside day. This signals the end of the down trend. We will stay long.
Trading Strategy: Stay long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 20, 2010, Nifty

The Nifty made a lower low and a higher high, negating the previous sign. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 20, 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 320
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. It moved up sharply. We will stay long, but keep stop losses strict.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower high and a higher low. It was also a doji candle. We will stay long.
Trading:Stay long with a stop loss at 978.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made an inside day. This signals the end of the down trend. We will stay long.
Trading Strategy: Go long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 16, 2010, Nifty

The Nifty made a lower low and a lower high. It is a negative sign after the hammer candle. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 16, 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 320
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. It moved up sharply. We will stay long, but keep stop losses strict.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher high and a lower low. It was also a doji candle. We will stay long.
Trading:Stay long with a stop loss at 978.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a higher high and a higher low. We will go long with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 15, 2010, Nifty

The Nifty rose and also made a hammer candle. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 15, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. It is a clear positive sign. We will go long, with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 320
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. We will stay long, but keep stop losses strict.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose and a made a higher high and a higher low. We will stay long.
Trading:Stay long with a stop loss at 978.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a higher high and a higher low. We will go long with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 2656
Resistances: 3325, 3515
Supports: 2656, 2775, 2737

December 13, 2010, Nifty

The Nifty rose and also made a hammer candle. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 14, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. It was also a doji candle. We will look to see if the downtrend is reversed.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower high and a lower low. It was also a doji candle. We will stay long, but keep stop losses strict.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose sharply and confirmed a possible up trend. We will go long with a stop loss at the recent low.
Trading:Go long with a stop loss at 978.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a higher high and a higher low. It was also a doji candle. We will wait for a confirmation of the uptrend before going long.
Trading Strategy: We will wait and watch before taking a new position.
Resistances: 3325, 3515
Supports: 2775, 2737

December 10, 2010, Nifty

The Nifty fell sharply and made a lower low and a lower high. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 13, 2010, Single Stock

Bharti - Bharti fell sharply and made a lower high and a lower low. We hit our stop loss and closed our position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower high and a lower low. It was also a doji candle. We will stay long.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose sharply and made a lower high and a higher low. This is a strong reversal signal. We willw aitn for a confirmation before taking a position.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI fell sharply again and made a lower high and a lower low. We will wait and watch before taking a new position.
Trading Strategy: We will wait and watch before taking a new position.
Resistances: 3325, 3515
Supports: 2775, 2737

December 10, 2010, Nifty

The Nifty fell sharply and made a lower low and a lower high. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 10, 2010, Single Stock

Bharti - Bharti fell sharply and made a lower high and a lower low. However our stop loss was not hit. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 328.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. It was also a doji candle. We will stay long.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL fell sharply and made a lower high and a lower low. Most of its gains of the last few sessions were lost. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI fell sharply again and made a lower high and a lower low. We hit our stop loss and closed our position. We will wait and watch before taking a new position.
Trading Strategy: We will wait and watch before taking a new position.
Resistances: 3325, 3515
Supports: 2775, 2737

December 09, 2010, Nifty

The Nifty made a lower low and a lower high. We will stay long and keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 09, 2010, Single Stock

Bharti - Bharti made a lower high and a lower low. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long, with stop loss at 328.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy fell sharply and made a lower high and a lower low. We will stay long.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower high and a lower 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: 1100, 1125

SBIN - SBI fell sharply again and made a lower high and a lower low. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 2775.
Resistances: 3325, 3515
Supports: 2775, 2737

December 08, 2010, Nifty

The Nifty made a lower low and a lower high. We will stay long and keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 08, 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 328.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. We will stay long.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL 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: 1100, 1125

SBIN - SBI fell sharply again and made a lower high and a lower low. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 2775.
Resistances: 3325, 3515
Supports: 2775, 2737

December 07, 2010, Nifty

The Nifty 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 a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 07, 2010, Single Stock

Bharti - Bharti made a lower high and an equal low. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 328.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. We will stay long.
Trading:Stay long, move stop loss up to 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose made a higher high and a higher low. We will wait and watch before taking a new position. We missed this up move in reliance, but feel safer as we were not sure of the trend.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI fell sharply and made a lower high and a lower low. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 2775.
Resistances: 3325, 3515
Supports: 2775, 2737

December 06, 2010, Nifty

The Nifty made a lower low and a lower high. We will stay long with strict stop losses.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 06, 2010, Single Stock

Bharti - Bharti made a lower high and a lower low. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 328.
Supports: 318-20, 303
Resistances: 340, 377

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 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose made a higher high and a higher low. We will wait and watch before taking a new position. We missed this up move in reliance, but feel safer as we were not sure of the trend.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI fell and made a lower high and a lower low. We will stay long.
Trading Strategy: Stay long with a stop loss at 2775.
Resistances: 3325, 3515
Supports: 2775, 2737

December 03, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long with strict stop losses.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 03, 2010, Single Stock

Bharti - Bharti made a lower high and an equal low. We will stay long and keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 328.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a lower low. This is not a defenite positive signal. We still expect a strong trend to set in for Infy. We will stay long, but keep stop losses strict.
Trading:Stay long with a stop loss at 2950.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose made a lower 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: 1100, 1125

SBIN - SBI rose sharply and made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with a stop loss at 2775.
Resistances: 3325, 3515
Supports: 2775, 2737

December 02, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long with strict stop losses.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 02, 2010, Single Stock

Bharti - Bharti made an inside day. We will stay long and keep stop losses strict. Trading Strategy: Stay long, move stop loss up to 328.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower high and a higher. It was also a doji candle. We expect a strong trend to set in for Infy. We will stay long, but keep stop losses strict.
Trading:Stay long with a stop loss at 2950.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose made a lower 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: 1100, 1125

SBIN - SBI rose sharply and made a higher high and a higher low, justifying our move to go long three sessions back. We will stay long.
Trading Strategy: Stay long with a stop loss at 2775.
Resistances: 3325, 3515
Supports: 2775, 2737

December 01, 2010, Nifty

The Nifty made a higher high and a higher low. We will stay long with strict stop losses.
Trading Strategy: Stay long with a stop loss at 5690
Supports: 5932, 5816, 5415, 5345-55
Resistances: 6357

December 01, 2010, Single Stock

Bharti - Bharti moved up sharply and 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 328.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower high and a lower low. It was also a doji candle. We expect a strong trend to set in for Infy. We will stay long, but keep stop losses strict.
Trading:Stay long with a stop loss at 2950.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose 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: 1100, 1125

SBIN - SBI rose sharply and made a higher high and a higher low, justifying our move to go long two sessions back. We will stay long.
Trading Strategy: Stay long with a stop loss at 2775.
Resistances: 3325, 3515
Supports: 2775, 2737