April 29, 2011, Nifty

The Nifty made a lower high and a lower low. We will stay short with a stop loss at the recent high.
Trading Strategy: Stay short with a stop loss at 5944.
Supports: 5816-36, 5348, 5243, 4980
Resistances: 5944, 6171, 6357

April 29, 2011, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with stop loss at 365.
Supports: 345-51, 318-24, 303
Resistances: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: 3110, 2948, 2904
Resistances: 3162, 3238

RIL - RIL fell and made a lower low and lower high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 964, 954
Resistances: 1100, 1125

SBIN - SBI 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.
Resistances: 3325, 3515
Supports: 2759, 2520, 2463-76

April 28, 2011, Nifty

The Nifty made a lower high and a higher low. We will stay short with a stop loss at the recent high.
Trading Strategy: Stay short with a stop loss at 5944.
Supports: 5816-36, 5348, 5243, 4980
Resistances: 5944, 6171, 6357

April 28, 2011, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with stop loss at 365.
Supports: 345-51, 318-24, 303
Resistances: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: 3110, 2948, 2904
Resistances: 3162, 3238

RIL - RIL fell and made a lower low and lower high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 964, 954
Resistances: 1100, 1125

SBIN - SBI 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.
Resistances: 3325, 3515
Supports: 2759, 2520, 2463-76

April 27, 2011, Nifty

The Nifty made a lower high and a lower low. It was also a doji candle. We will go short with a stop loss at the recent high.
Trading Strategy: Go short with a stop loss at 5944.
Supports: 5816-36, 5348, 5243, 4980
Resistances: 5944, 6171, 6357

April 27, 2011, Single Stock

Bharti - Bharti made a higher high and a higher low. We will stay long.
Trading Strategy: Stay long with stop loss at 365.
Supports: 345-51, 318-24, 303
Resistances: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: 3110, 2948, 2904
Resistances: 3162, 3238

RIL - RIL fell and made a lower low and lower high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 964, 954
Resistances: 1100, 1125

SBIN - SBI 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.
Resistances: 3325, 3515
Supports: 2759, 2520, 2463-76

April 26, 2011, Nifty

The Nifty made a lower high and a lower low. There was also a sharp increase in the VIX without a corresponding up or down move. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5816-36, 5348, 5243, 4980
Resistances: 6171, 6357

April 26, 2011, Single Stock

Bharti - Bharti 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 365.
Supports: 345-51, 318-24, 303
Resistances: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: 3110, 2948, 2904
Resistances: 3162, 3238

RIL - RIL fell sharply and made a lower low and lower high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 964, 954
Resistances: 1100, 1125

SBIN - SBI 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.
Resistances: 3325, 3515
Supports: 2759, 2520, 2463-76

April 25, 2011, Nifty

The Nifty made a higher low and a higher high. It was also a doji candle. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5816-36, 5348, 5243, 4980
Resistances: 6171, 6357

April 25, 2011, Single Stock

Bharti - Bharti made a lower high and a higher low. We will stay long with a stop loss at the recent low.
Trading Strategy: Stay long with a stop loss at 345.
Supports: 345-51, 318-24, 303
Resistances: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: 3110, 2948, 2904
Resistances: 3162, 3238

RIL - RIL made a higher low an higher high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 964, 954
Resistances: 1100, 1125

SBIN - SBI 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.
Resistances: 3325, 3515
Supports: 2759, 2520, 2463-76

April 21, 2011, Nifty

The Nifty 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: 5816-36, 5348, 5243, 4980
Resistances: 6171, 6357

April 21, 2011, Single Stock

Bharti - Bharti made a higher high and a lower low. We will stay long with a stop loss at the recent low.
Trading Strategy: Stay long with a stop loss at 345.
Supports: 345-51, 318-24, 303
Resistances: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: 3110, 2948, 2904
Resistances: 3162, 3238

RIL - RIL made a higher low an higher high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 964, 954
Resistances: 1100, 1125

SBIN - SBI 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.
Resistances: 3325, 3515
Supports: 2759, 2520, 2463-76

April 20, 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: 5816-36, 5348, 5243, 4980
Resistances: 6171, 6357

April 20, 2011, Single Stock

Bharti - Bharti made a higher high and a lower low. We will stay long with a stop loss at the recent low.
Trading Strategy: Stay long with a stop loss at 345.
Supports: 345-51, 318-24, 303
Resistances: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: 3110, 2948, 2904
Resistances: 3162, 3238

RIL - RIL made a lower low an higher high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 964, 954
Resistances: 1100, 1125

SBIN - SBI 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.
Resistances: 3325, 3515
Supports: 2759, 2520, 2463-76

April 19, 2011, Single Stock

The Nifty 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.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5816-36, 5348, 5243, 4980
Resistances: 6171, 6357

April 19, 2011, Single Stock

Bharti - Bharti made a higher high and a lower low. We stay long with a stop loss at the recent low.
Trading Strategy: Stay long with a stop loss at 345.
Supports: 345-51, 318-24, 303
Resistances: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: 3110, 2948, 2904
Resistances: 3162, 3238

RIL - RIL made a lower low an higher high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 964, 954
Resistances: 1100, 1125

SBIN - SBI 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.
Trading: Play for resistance/support breaks or bounces.
Resistances: 3325, 3515
Supports: 2759, 2520, 2463-76

April 18, 2011, Single Stock

The Nifty made an engulfing candle. We will go long with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 5816.
Supports: 5816-36, 5348, 5243, 4980
Resistances: 6171, 6357

April 18, 2011, Single Stock

Bharti - Bharti 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 345.
Supports: 345-51, 318-24, 303
Resistances:377

Infosys - Infy fell sharply and we hit our stop loss and closed our postion. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 3110, 2948, 2904
Resistances: 3162, 3238

RIL - RIL made a higher low an equal high. This could be a a pivot point for RIL to start its uptrend again. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 964, 954
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 2759
Resistances: 3325, 3515
Supports: 2759, 2520, 2463-76

April 15, 2011, Single Stock

The Nifty made an engulfing candle. We will wait and watch before taking a new position,
Trading Strategy: Play for resistance/support breaks our bounces.
Supports: 5348, 5243, 4980
Resistances: 5600, 6357

April 13, 2011, Single Stock

Bharti - Bharti made an engulfing candle. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 351, 318-24, 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 3110
Supports: 3110, 2948, 2904
Resistances: 3162, 3238

RIL - RIL fell and made an engulfing candle. This could be a a pivot point for RIL to start its uptrend again. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 964, 954
Resistances: 1100, 1125

SBIN - SBI made an engulfing candle. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Resistances: 3325, 3515
Supports: 2520, 2463-76

April 13, 2011, Single Stock

The Nifty 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: Play for resistance/support breaks our bounces.
Supports: 5348, 5243, 4980
Resistances: 5600, 6357

April 13, 2011, Single Stock

Bharti - Bharti 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: 351, 318-24, 303
Resistances: 340, 377

Infosys - Infy fell and made a lower high and a lower low. We will stay long and look to move our stop loss up.
Trading: Stay long, with stop loss at 3110
Supports: 3110, 2948, 2904
Resistances: 3162, 3238

RIL - RIL fell 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: 964, 954
Resistances: 1100, 1125

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

April 11, 2011, Single Stock

The Nifty made a lower high and a lower low. We will stay long and keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 5810.
Supports: 5348, 5243, 4980
Resistances: 5600, 6357

April 11, 2011, Single Stock

Bharti - Bharti 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: 351, 318-24, 303
Resistances: 340, 377

Infosys - Infy fell and made a lower high and a lower low. We will stay long and look to move our stop loss up.
Trading: Stay long, with stop loss at 3110
Supports: 3110, 2948, 2904
Resistances: 3162, 3238

RIL - RIL fell and made a lower high and a lower low. We hit our stop loss and closed our position.
Trading: Play for resistance/support breaks or bounces.
Supports: 964, 954
Resistances: 1100, 1125

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

April 8, 2011, Single Stock

The Nifty 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 5810.
Supports: 5348, 5243, 4980
Resistances: 5600, 6357

April 8, 2011, Single Stock

Bharti - Bharti fell sharply and 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: 351, 318-24, 303
Resistances: 340, 377

Infosys - Infy made a lower high and a lower low. We will stay long and look for move our stop loss up.
Trading: Stay long, with stop loss at 3110
Supports: 3110, 2948, 2904
Resistances: 3162, 3238

RIL - RIL made a lower high and a lower low. We will stay long and move our stop loss up.
Trading: Stay long, move stop loss up to 1029.
Supports: 964, 954
Resistances: 1100, 1125

SBIN - SBI made a higher high but a lower low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Resistances: 3325, 3515
Supports: 2520, 2463-76

April 7, 2011, Single Stock

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 stop loss at 5348.
Supports: 5348, 5243, 4980
Resistances: 5600, 6357

April 7, 2011, Single Stock

Bharti - Bharti made a lower high and a lower low. It fell sharply and hit our stop loss. We closed our postion and took profits. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 351, 318-24, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. It was also a doji candle. We will stay long and look for move our stop loss up.
Trading: Stay long, with stop loss at 3110
Supports: 3110, 2948, 2904
Resistances: 3162, 3238

RIL - RIL made a lower high and a lower low. It was also a doji candle. We will stay long and look to move our stop loss up.
Trading: Stay long with stop loss at 981.
Supports: 964, 954
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: 2520, 2463-76

April 6, 2011, Single Stock

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 stop loss at 5348.
Supports: 5348, 5243, 4980
Resistances: 5600, 6357

April 6, 2011, Single Stock

Bharti - Bharti 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 351
Supports: 351, 318-24, 303
Resistances: 340, 377

Infosys - Infy made a lower high and a higher low. It was also a doji candle. We will stay long and look for move our stop loss up.
Trading: Stay long, with stop loss at 3110
Supports: 3110, 2948, 2904
Resistances: 3162, 3238

RIL - RIL 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 981.
Supports: 964, 954
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: 2520, 2463-76

April 5, 2011, Single Stock

The Nifty made a higher high and a higher low. We will stay long and look to move our stop los sup.
Trading Strategy: Stay long, with stop loss at 5348.
Supports: 5348, 5243, 4980
Resistances: 5600, 6357

April 5, 2011, 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 324.
Supports: 318-24, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. We will stay long and look for move our stop loss up.
Trading: Stay long, with stop loss at 3110
Supports: 3110, 2948, 2904
Resistances: 3162, 3238

RIL - RIL made a lower high and a lower low. We will stay long, but keep stop losses strict.
Trading: Stay long with stop loss at 981.
Supports: 964, 954
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: 2520, 2463-76