January 20, 2009, Single Stock

RIL - RIL continued on it uptrend. We move our stop loss up to yesterday's low of 1208.
Trading Strategy: Stay long; move stop loss to 1208.
Supports: 1192-1212, 1107
Resistances: 1265-70, 1390

Infy - Infy made a a doji with a almost similar high and low. Infy could be in for a sharp move on either side. We stay long but will look to book profits today.
Trading Strategy: Stay long with a stop loss at 1241. Keep stop losses strict.
Supports: 1241-1252, 1215
Resistances: 1355, 1447