May 25, 2009, Single Stock

RIL - RIL made an engulfing candle on Friday, indicating a trend reversal. Look for a break of 2091 to initiate a short position
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 2091, 1843
Resistances: 2500, 2535

Infy - Infy continued on its downtrend. We will continue to follow the downtrend in Infy.
Trading Strategy: Stay short. Move stop loss to 1529.
Supports: 1492-98, 1418
Resistances: 1529, 1681