August 5, 2009, Single Stock

RIL - RIL made higher highs and higher lows on Monday and Tuesday. However Tuesday was a doji candle. We will stay long but move our stop loss up. We hit our stop loss on Friday and booked our profits. We will go long with a stop loss at the recent low.
Trading Strategy: Stay long, move stop loss to 2003
Supports: 2003, 1871, 1717
Resistances: 2067, 2089, 2113

Infy - Yesterday Infy broke its uptrend. We will book our profits.
Trading Strategy: Book profits and the long. Play for resistance/support breaks or bounces.
Supports: 2039, 1944
Resistances: 2093, 2142