July 17, 2009, Single Stock

RIL - RIL made a higher high and a higher low. We will stay long but move our stop loss up.
Trading Strategy: Stay long, move stop loss to 1869
Supports: 1869, 1717, 1685
Resistances: 1937, 1980, 2113

Infy -Infy made a lower high as well as a higher low. It was also a doji candle. This means we could have a break out on either side in the next few sessions. 1820-1751 is the trading range. Stay long. But be prepared to switch to short if support is broken.
Trading Strategy: Stay long, with stop loss at 1751
Supports: 1751, 1665, 1600
Resistances: 1820, 1840, 2070