January 5, 2009, Single Stock

RIL - On Friday RIL clearly broke out of a resistance zone. If RIL is able to hold above 1256, it could be in for an uptrend.
Trading Strategy: Go long with a stop loss at 1252-1256
Supports: 1252-1256, 1188
Resistances: 1377, 1407

Infy - On Friday, Infy continued its uptrend. We will follow it and move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 1124
Supports: 1124, 1065
Resistances: 1222, 1299