May 8, 2009, Single Stock

RIL - RIL failed to break the resistance and is now likely to fall. We will go short with strict stop losses.
Trading Strategy:Go short with a stop loss at 1938
Supports: 1731, 1691
Resistances: 1895, 1938

Infy - Infy continued on its down trend yesterday. We will stay short but keep stop losses strict.
Trading Strategy: Stay short. Move stop loss to 1574
Supports: 1550, 1418
Resistances: 1574, 1636