April 23, 2009, Single Stock

RIL - RIL made a lower high but not a lower low. We will stay short, but look to book profits.
Trading Strategy: Stay short; Move stop loss to 1733
Supports: 1648, 1450
Resistances: 1734, 1840

Infy - Infy made an engulfing candle yesterday. We will stay short but keep stop losses strict.
Trading Strategy: Stay short with stop loss at 1421.
Supports: 1266, 1152
Resistances: 1421, 1469