March 12, 2009, Single Stock

RIL -RIL made a higher high but not a higher low. It was also an inside day for RIL. We will look to initiate a long position today.
Trading Strategy: Go long with a stop loss at 1115
Supports: 1115, 1065
Resistances: 1171, 1217

Infy - Infy was range bound yesterday. It was also a doji for Infy. We will look for a confirmation signal today before taking a position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1152, 1115
Resistances: 1199, 1240