October 23, 2009, Single Stock

RIL - RIL made lower high and a lower low. We hit our stop loss and closed our position. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/supports breaks or bounces.
Supports: 2084-90, 2058-2071
Resistances: 2236-40, 2285

Infy - Infy made a higher high and a higher low. We will move our stop loss up. Trading Strategy: Stay long, move stop loss to 2191.
Supports: 2167-77, 2120
Resistances: 2288, 2353, 2415-21