July 10, 2009, Single Stock

RIL - RIL made an inside day. This could imply and end to the down trend. We will stay short, but keep stop losses strict.
Trading Strategy: Stay short, move stop loss to 1890
Supports: 1797, 1600
Resistances: 1890, 2052, 2183

Infy -Infy made a lower low and a lower high. Stay short. Today is results day for Infy so keep stop losses strict.
Trading Strategy: Stay short, move stop loss to 1738.
Supports: 1670, 1600
Resistances: 1819, 1911