April 24, 2009, Single Stock

RIL - RIL made a higher high and a higher low. Indicating that the down-move is over. We hit our stop loss and booked profits. We will look to see if this is a pause in the down move, or if is the beginning of an up-move
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1685, 1648
Resistances: 1840, 2110

Infy - Infy made a sharp move up yesterday and we hit our stop loss. We will wait and watch before taking a position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 1356, 1266
Resistances: 1469 , 1660