January 12, 2009, Single Stock

RIL - RIL began a clear downtrend on Friday. We will follow it with strict stop losses.
Trading Strategy: Go short with a stop loss of 1210
Supports: 1050, 1025
Resistances: 1210, 1292-1306

Infy - Infy rose sharply on Friday but lost most of the gains later in the day. Infy is still in an uptrend.
Trading Strategy: Stay long, move stop loss up to 1170. Keep stop loss strict. If Infy does not break 1267 today, then look to book profits.
Supports: 1170, 1145
Resistances: 1222, 1299