January 22, 2009, Single Stock

RIL - RIL fell sharply yesterday. It also made a lower high and lower low. The next support for RIL is at 1077.
Trading Strategy: Go short with stop loss at 1216
Supports: 1077, 1025
Resistances: 1190-1216, 1386

Infy - Infy made a lower low and a lower high. There is a strong support at 1207 for Infy.
Trading Strategy: If Infy breaks below 1207 and holds below it, go short with stop loss at 1252.
Supports: 1207, 1119
Resistances: 1252, 1355