November 06, 2009, Single Stock

RIL - RIL made a higher high and a higher low. It was also a hammer candle. We will stay long but move stop loss up to Thursday's low.
Trading Strategy: Stay long, move stop loss to 1851
Supports: 1851, 1802, 1717
Resistances: 1933, 2043, 2236-40

Infy - Infy made another inside day. It was also a doji candle. Keep stop losses strict. We now expect a major move from Infy. Stay long but be prepared to switch to short.
Trading Strategy: Stay long with a stop loss at 2165, If 2165 breaks, go short with a stop loss at 2242.
Supports: 2120-30, 2025
Resistances: 2288-2300, 2353