April 14, 2009, Single Stock

RIL - RIL made a higher high and higher low yesterday. It seems to be on an uptrend. We will wait an watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 1648, 1450
Resistances: 1789, 2110

Infy - Yesterday was was an engulfing candle for Infy. However no clear trend is observable. We will wait and watch before taking a position
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 1266, 1152
Resistances: 1469 , 1660