June 24, 2009, Single Stock

RIL - RIL made lower low and a lower high yesterday. We will follow the down trend.
Trading Strategy: Stay short. Move stop loss to 2034.
Supports: 1880, 1731
Resistances: 2034, 2379

Infy - Infy moved down sharply yesterday and we hi our stop loss and booked profits. Yesterday was also a doji candle. We will wait and watch for today's price action before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 1701, 1676
Resistances: 1789, 1844