February 28, 2011, Nifty

The Nifty fell and 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: 5200, 4980, 4786
Resistances: 6357

February 28, 2011, Single Stock

Bharti - Bharti made a higher low and a lower high. It was also a doji candle. We will wait for Bharti to break above 350 (appox. 61.8% retracement of recent down move) before going long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy fell sharply and made a lower high and a lower low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL fell and made a lower high and a lower low. We will stay long.
Trading: Stay long with a stop loss at 954
Supports: 954, 888, 858
Resistances: 1100, 1125

SBIN - SBI made an inside day. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 2476
Resistances: 3325, 3515
Supports: 2463-76

February 25, 2011, Nifty

The Nifty fell and made a lower higher and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5200, 4980, 4786
Resistances: 6357

February 25, 2011, Single Stock

Bharti - Bharti made a lower low and a lower high. We will wait for Bharti to break above 350 (appox. 61.8% retracement of recent down move) before going long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy fell sharply and made a lower high and a lower low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower high and a lower low. We will stay long.
Trading: Stay long with a stop loss at 954
Supports: 954, 888, 858
Resistances: 1100, 1125

SBIN - SBI fell sharply and 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 a stop loss at 2476
Resistances: 3325, 3515
Supports: 2463-76

February 24, 2011, Nifty

The Nifty fell and made a lower higher and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5200, 4980, 4786
Resistances: 6357

February 24, 2011, Single Stock

Bharti - Bharti made a higher low and a higher high. We will wait for Bharti to break above 350 (appox. 61.8% retracement of recent down move) before going long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy fell sharply and made a lower high and a lower low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower high and a higher low. We will stay long.
Trading: Stay long with a stop loss at 954
Supports: 954, 888, 858
Resistances: 1100, 1125

SBIN - SBI fell sharply and 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 a stop loss at 2476
Resistances: 3325, 3515
Supports: 2463-76

February 23, 2011, Nifty

The Nifty fell and made a lower higher and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5200, 4980, 4786
Resistances: 6357

February 23, 2011, Single Stock

Bharti - Bharti made a lower low and a higher high. We will wait for Bharti to break above 350 (appox. 61.8% retracement of recent down move) before going long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower high and a higher low. It was also a doji candle. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL broke our sharply and made a higher high and a higher low. We will go lon with a stop loss at Jan 20 low.
Trading: Go long with a stop loss at 954
Supports: 954, 888, 858
Resistances: 1100, 1125

SBIN - SBI fell sharply and 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 a stop loss at 2476
Resistances: 3325, 3515
Supports: 2463-76

February 22, 2011, Nifty

The Nifty fell and made a lower low and a higher high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5200, 4980, 4786
Resistances: 6357

February 22, 2011, Single Stock

Bharti - Bharti made a lower low and a lower high. We will wait for Bharti to break above 350 (appox. 61.8% retracement of recent down move) before going long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a lower low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher low and a lower high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 888, 858
Resistances: 1100, 1125

SBIN - SBI made a lower 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 2476
Resistances: 3325, 3515
Supports: 2463-76

February 21, 2011, Nifty

The Nifty fell and made a lower low and a higher high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5200, 4980, 4786
Resistances: 6357

February 21, 2011, Single Stock

Bharti - Bharti made a higher high and a higher low. We will wait for Bharti to break above 350 (appox. 61.8% retracement of recent down move) before going long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a lower low. It was an engulfing candle. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower low and a higher high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 888, 858
Resistances: 1100, 1125

SBIN - SBI made a higher high and a lower low. We will stay long and look to move our stop loss up.
Trading Strategy: Go long with a stop loss at 2476
Resistances: 3325, 3515
Supports: 2463-76

February 16, 2011, Nifty

The Nifty rose sharply made a higher low and a higher high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5200, 4980, 4786
Resistances: 6357

February 16, 2011, Single Stock

Bharti - Bharti made a higher high and a higher low. We will wait for Bharti to break above 350 (appox. 61.8% retracement of recent down move) before going long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher low and a higher high and moved up sharply. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 888, 858
Resistances: 1100, 1125

SBIN - SBI made a higher high and a higher low. We will stay long.
Trading Strategy: Go long with a stop loss at 2476
Resistances: 3325, 3515
Supports: 2463-76

February 15, 2011, Nifty

The Nifty rose sharply and made a lower low and a higher high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5200, 4980, 4786
Resistances: 6357

February 15, 2011, Single Stock

Bharti - Bharti made a lower high and a higher low. It was also a hammer candle. We will wait for Bharti to break above 350 (appox. 61.8% retracement of recent down move) before going long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher low and a higher high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 888, 858
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 2476
Resistances: 3325, 3515
Supports: 2463-76

February 14, 2011, Nifty

The Nifty made a lower low and a higher high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5200, 4980, 4786
Resistances: 6357

February 14, 2011, Single Stock

Bharti - Bharti made a lower high and a higher low. It was also a hammer candle. We will wait for Bharti to break above 350 (appox. 61.8% retracement of recent down move) before going long.
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. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher low and a lower high. We will wait and watch before taking a new position. 858 is a strong support. If RIL breaks below this, there could be a sharp fall.
Trading: Play for resistance/support breaks or bounces
Supports: 888, 858
Resistances: 1100, 1125

SBIN - SBI 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
Resistances: 3325, 3515
Supports: 2463, 2536, 2656

February 11, 2011, Nifty

The Nifty fell sharply and made a lower low and a lower high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5345-55, 5200, 4980, 4786
Resistances: 6357

February 11, 2011, Single Stock

Bharti - Bharti made a lower high and a lower low. We will wait for Bharti to break above 350 (appox. 61.8% retracement of recent down move) before going long.
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. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 3043, 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower low and a lower high. We hit our stop loss and closed our position. We will wait and watch before taking a new position. 858 is a strong support. If RIL breaks below this, there could be a sharp fall.
Trading: Play for resistance/support breaks or bounces
Supports: 888, 858
Resistances: 1100, 1125

SBIN - SBI made a lower high and a lower low. It fell sharply and hit our stop loss and we closed our position.
Trading Strategy: Stay long, with stop loss at 2560
Resistances: 3325, 3515
Supports: 2463, 2536, 2656

February 10, 2011, Nifty

The Nifty fell sharply and made a lower low and a lower high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5345-55, 5200, 4980, 4786
Resistances: 6357

February 10, 2011, Single Stock

Bharti - Bharti made a lower high and a lower low. We will wait for Bharti to break above 350 (appox. 61.8% retracement of recent down move) before going long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a lower low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 3043, 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower low and a higher high. We will stay long.
Trading: Stay long with a stop loss at 888.
Supports: 922, 888
Resistances: 1100, 1125

SBIN - SBI 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 2560
Resistances: 3325, 3515
Supports: 2463, 2536, 2656

February 09, 2011, Nifty

The Nifty made a lower low and a lower high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5345-55, 5200, 4980, 4786
Resistances: 6357

February 09, 2011, Single Stock

Bharti - Bharti made a lower high and a higher low. We will wait for Bharti to break above 350 (appox. 61.8% retracement of recent down move) before going long.
Trading Strategy: Play for resistance/support breaks or bounces.
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 wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 3043, 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower low and a lower high. We will stay long.
Trading: Stay long with a stop loss at 888.
Supports: 922, 888
Resistances: 1100, 1125

SBIN - SBI made a lower high and a lower low. We will stay long and move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 2560
Resistances: 3325, 3515
Supports: 2463, 2536, 2656

February 08, 2011, Nifty

The Nifty made an inside day, indicating a possible change in the trend. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5402-15, 5345-55
Resistances: 6357

February 08, 2011, Single Stock

Bharti - Bharti made a higher high and a higher low. We will wait for Bharti to break above 350 (appox. 61.8% retracement of recent down move) before going long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower high and a higher low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 3043, 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower low and a lower high. However it was also a doji candle. We will stay long.
Trading: Stay long with a stop loss at 888.
Supports: 922, 888
Resistances: 1100, 1125

SBIN - SBI made a lower high and a higher low. It was also a doji candle. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 2463
Resistances: 3325, 3515
Supports: 2463, 2536, 2656

February 07, 2011, Nifty

The Nifty hit our stop loss and we closed our position. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5402-15, 5345-55
Resistances: 6357

February 07, 2011, Single Stock

Bharti - Bharti made a higher high and a higher low. We will wait for Bharti to break above 350 (appox. 61.8% retracement of recent down move) before going long.
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 We hit our stop loss and closed our position. low.
Trading: Play for resistance/support breaks or bounces.
Supports: 3043, 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher low and an equal high. We will stay long.
Trading: Stay long with a stop loss at 888.
Supports: 922, 888
Resistances: 1100, 1125

SBIN - SBI made a higher high and a higher low. However it was also a doji candle. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 2463
Play for resistance/support breaks or bounces
Resistances: 3325, 3515
Supports: 2463, 2536, 2656

February 04, 2011, Nifty

The Nifty 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 5402.
Supports: 5402-15, 5345-55
Resistances: 6357

February 04, 2011, Single Stock

Bharti - Bharti rose sharply and 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: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower high and a higher low. We will go stay long.
Trading: Stay long with a stop loss at 3043.
Supports: 3043, 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher low and a higher high. We will go long with a stop loss at the recent low.
Trading: Go long with a stop loss at 888.
Supports: 922, 888
Resistances: 1100, 1125

SBIN - SBI made a lower low and a higher high. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 2463
Play for resistance/support breaks or bounces
Resistances: 3325, 3515
Supports: 2463, 2536, 2656

February 03, 2011, Nifty

The Nifty made an indside day. We will wait and watch before taking a new position.
Trading Strategy:Play for resistance/support breaks or bounces.
Supports: 5624, 5415, 5345-55
Resistances: 6357

February 03, 2011, Single Stock

Bharti - Bharti made a lower low and a higher high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
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 3043.
Supports: 3043, 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher low and a higher high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 998, 952, 922
Resistances: 1100, 1125

SBIN - SBI made a lower low and a lower high. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 2463
Play for resistance/support breaks or bounces
Resistances: 3325, 3515
Supports: 2463, 2536, 2656

February 02, 2011, Nifty

The Nifty fell and made a lower low and a higher high. We will wait and watch before taking a new position.
Trading Strategy:Play for resistance/support breaks or bounces.
Supports: 5624, 5415, 5345-55
Resistances: 6357

February 02, 2011, Single Stock

Bharti - Bharti made a lower low and a higher high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower low and a lower high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher low and a lower high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 998, 952, 922
Resistances: 1100, 1125

SBIN - SBI made a higher low and a lower high. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 2463
Play for resistance/support breaks or bounces
Resistances: 3325, 3515
Supports: 2463, 2536, 2656

February 01, 2011, Nifty

The Nifty fell sharply and made a lower low and a lower high. We will wait and watch before taking a new position.
Trading Strategy:Play for resistance/support breaks or bounces.
Supports: 5624, 5415, 5345-55
Resistances: 6357

February 01, 2011, Single Stock

Bharti - Bharti made a lower low and a lower high. It was also a hammer candle. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower low and a lower high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher low and a lower high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 998, 952, 922
Resistances: 1100, 1125

SBIN - SBI made a lower low and a lower high. We will stay long.
Trading Strategy: Stay long with a stop loss at 2463
Play for resistance/support breaks or bounces
Resistances: 3325, 3515
Supports: 2463, 2536, 2656