December 22, 2008, Single Stock

RIL - Friday RIL made a higher high and higher low. However it was also a doji candle. We will look for further price action before taking a position.
Trading Strategy: Play for supports/resistances breaks or bounces
Supports: 1283, 1107
Resistances: 1505, 1668

Infy - On Friday, Infy continued its up trend with a higher high and higher low. We move our stop loss up and follow the up-trend.
Trading Strategy: Stay long with strict stop loss. We move up the stop loss to Friday's low of 1149.
Supports: 1149, 1085
Resistances: 1206, 1321