March 24, 2009, Single Stock

RIL - RIL moved up sharply yesterday. Once again a break out after a doji. We will go long with strict stop losses.
Trading Strategy: Go long with a stop loss at 1320
Supports: 1320-26, 1115
Resistances: 1505, 1668

Infy - Infy made a higher high and a higher low yesterday. We will follow the uptrend.
Trading Strategy: Stay long. Move stop loss to 1295
Supports: 1295-99, 1257
Resistances: 1447 , 1660