June 11, 2009, Single Stock

RIL - RIL broke out of 2330 yesterday, but only just. The high was 2340. We will take a long position, but keep stop losses very strict.
Trading Strategy: Go long with a stop loss at 2160.
Supports: 2160-75, 2091
Resistances: 2340, 2535

Infy - Infy continued on its up trend yesterday. We will follow it.
Trading Strategy: Stay long, move stop loss to 1736
Supports: 1736, 1601
Resistances: 1911, 1950