March 02, 2009, Single Stock

RIL - RIL hit our stop losses on Friday, and we booked profits. RIL made a lower high and a lower low. We will look to initiate a short position today.
Trading Strategy: Go short, with stop loss at 1297.
Supports: 1266, 1201
Resistances: 1297, 1333

Infy - Friday was an inside day for Infy, indicating trend reversal.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1120, 1065
Resistances: 1240, 1341