February 25, 2009, Single Stock

RIL - RIL bounced sharply from its support yesterday. However it still made a lower high and a lower low. We will wait for today's price action before taking a position
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1201, 1107
Resistances: 1274, 1333

Infy - Infy made a lower low and a lower high. We will wait for a break out on either side before taking a position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1115, 1065
Resistances: 1195-1200, 1241