February 13, 2009, Single Stock

RIL - RIL is clearly on a down trend after making a lower low and a lower high. Trading Strategy: Short with stop loss at 1414
Supports: 1296, 1271
Resistances: 1414, 1505

Infy - Infy is clearly on a down trend. However we remain cautious after the strong down move yesterday.
Trading Strategy: Play for resistance/supports breaks or bounces.
Supports: 1238, 1191
Resistances: 1325, 1447