January 7, 2009, Single Stock

RIL - RIL continued on its uptrend yesterday. However yesterday was a doji candle, indicating a possible trend reversal. Keep stop losses strict and look to book profits.
Trading Strategy: Stay long. Move stop loss to 1331
Supports: 1331, 1285-1300
Resistances: 1390-1407, 1505

Infy - On Tuesday, Infy continued its uptrend. We will follow it and move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 1145
Supports: 1145, 1065
Resistances: 1222, 1299