Sunday, March 27, 2011

March 28, 2011, Single Stock

Bharti - Bharti rose sharply and we hit our stop loss at 330 and close our position. We will look for strneght above 340, to go long. Trading Strategy: Stay short with a stop loss at 330.5
Supports: 318-20, 303
Resistances: 340, 377

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 2904
Supports: 2948, 2904, 2716
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 up to 981.
Supports: 964, 954
Resistances: 1100, 1125

SBIN - SBI 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 2569.
Resistances: 3325, 3515
Supports: 2520, 2463-76

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