July 1, 2009, Single Stock

RIL - RIL made a lower high but not a lower low. The uptrend might be drawing to a close. Keep stop losses strict.
Trading Strategy: Stay long, move stop loss up to 2011
Supports: 2011, 1942, 1900
Resistances: 2037, 2379

Infy - Infy hit out stop loss and we booked profits. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 1758, 1701, 1676
Resistances: 1844, 1911