January 16, 2009, Single Stock

RIL - RIL made a doji yesterday, indicating indecision. There could be sharp moves over the next few trading sessions. We hold our long position but will keep stop losses strict.
Trading Strategy: Stay long; move stop loss to 1107.
Supports: 1127-1142, 1107
Resistances: 1220, 1390

Infy - Infy fell like the rest of the market. However Infy closed above the support of 1228. We wail wait and watch for a clear signal before taking a position.
Trading Strategy: Play for resistances/supports breaks or bounces.
Supports: 1236, 1119
Resistances: 1355, 1447