April 29, 2009, Single Stock

RIL - RIL made a lower high and a lower low. We initiated a short yesterday. We will stay short with a stop loss at 1807.
Trading Strategy: Stay short with a stop loss at 1807.
Supports: 1761, 1685
Resistances: 1807, 1840

Infy - Infy made a doji candle yesterday. Infy did not break the resistance at 1469. Market is still undecided on Infy. We will wait for a conclusive signal before initiating a position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 1356, 1266
Resistances: 1469 , 1660