March 13, 2009, Single Stock

RIL -RIL made a higher high and a higher low. RIL is in the beginning of an uptrend. We will follow the uptrend.
Trading Strategy: Stay long. Move stop loss to 1158.
Supports: 1158, 1115
Resistances: 1217, 1317

Infy - Infy broke the strong resistance at 1240. However Infy was not able to sustain its gains and closed the day much lower.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1152, 1115
Resistances: 1255, 1325