March 19, 2009, Single Stock

RIL -RIL made a higher high and a higher low. RIL seems to be continuing on its uptrend. However keep stop losses strict.
Trading Strategy: Stay long. Move stop loss to 1315
Supports: 1315, 1115
Resistances: 1401, 1505

Infy -Infy rose yesterday, however it did not reach our stop loss at 1303. Keep stop loss strict.
Trading Strategy: Stay short with strict stop loss at 1302.
Supports: 1259, 1115
Resistances: 1302-1315, 1447