September 14, 2009, Single Stock

RIL - RIL made a lower high and a lower low. We hit our stop loss and booked profits. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 2105, 1923, 1868
Resistances: 2240, 2379

Infy - Infy made and engulfing candle. We will keep our stop losses strict and watch for a new trend to set in. Say long.
Trading Strategy: Stay long with a stop loss at 2177
Supports: 2177, 2120, 2025
Resistances: 2239, 2415