March 18, 2009, Single Stock

RIL -RIL made a higher high and a higher low. However it looks like the uptrend is coming to a close. Keep stop losses strict.
Trading Strategy: Stay long. Move stop loss to 1293
Supports: 1300, 1115
Resistances: 1401, 1505

Infy - Infy was not able to break 1315. It was another hammer candle for Infy yesterday. We will initiate a short position today.
Trading Strategy: Go short with strict stop loss at 1303.
Supports: 1259, 1115
Resistances: 1303-1315, 1447