February 12, 2009, Single Stock

RIL - RIL broke its uptrend yesterday. We hit our stop loss and booked profits. We will wait to see if this is a pause in the uptrend or if there will be a downtrend.
Trading Strategy: Play for resistance/supports breaks or bounces.
Supports: 1365, 1271
Resistances: 1414, 1505

Infy - Infy broke its uptrend yesterday. We hit our stop loss and booked profits. We will wait to see if this is a pause in the uptrend or if there will be a downtrend.
Trading Strategy: Play for resistance/supports breaks or bounces.
Supports: 1238, 1191
Resistances: 1325, 1447