January 23, 2009, Single Stock

RIL - RIL was flat on Thursday making a lower high, but almost the same low. Let us see how the market reacts to results.
Trading Strategy: Stay short. Move stop loss down to 1154
Supports: 1077, 1025
Resistances: 1154, 1190-1216

Infy - Infy went just below our support of 1207. It bounce back sharply from 1203.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 1200-1207, 1119
Resistances: 1240, 1355