April 18, 2009, Single Stock

RIL - RIL made a lower high and a lower low. We will stay short, but keep stop losses strict.
Trading Strategy: Stay short; Move stop loss to 1781
Supports: 1648, 1450
Resistances: 1781, 1840

Infy - We hit our stop loss and booked profits. There is no clear trend in Infy. We will wait and watch before taking a position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 1266, 1152
Resistances: 1421, 1469