April 22, 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 1734
Supports: 1648, 1450
Resistances: 1734, 1840

Infy - Infy moved down yesterday, and made a lower low and a lower high. Infy is on a downtrend. Go short with a stop loss at 1421.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 1266, 1152
Resistances: 1421, 1469