October 21, 2009, Single Stock

RIL - RIL made lower high and a lower low. However our stop loss was not hit. We will stay long but be prepared to close our position.
Trading Strategy: Stay long with stop loss to 2161
Supports: 2161, 2084-90, 2058-2071
Resistances: 2236-40, 2285

Infy - Infy made a lower low and a higher high. It looks like the down-trend is over. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 2167-77, 2120
Resistances: 2288, 2353, 2415-21