June 12, 2009, Single Stock

RIL - RIL did not make a higher high yesterday. Today will be an important trading day. Keep stop losses strict and be flexible.
Trading Strategy: Stay long with a stop loss at 2160.
Supports: 2160-75, 2091
Resistances: 2340, 2535

Infy - Infy broke its uptrend yesterday and we booked our profits. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 1654, 1601
Resistances: 1844, 1911