August 21, 2009, Single Stock

RIL - RIL made higher low, but a lower high. It was also a doji candle. 1871 looks like a strong support and was not broken on Tuesday. We will go long.
Trading Strategy: Go long with a stop loss at 1871
Supports: 1871, 1717
Resistances: 2064, 2089

Infy - On Tuesday, Infy broke 1944 but only just. Wednesday was a higher high and a higher low. We will go long with stop loss at the recent low.
Trading Strategy: Go long with stop loss at 1935
Supports: 1935-44, 1893
Resistances: 2115, 2142