July 2, 2009, Single Stock

RIL - RIL made a lower high and a lower lower low. We hit our stop losses and booked profits. We will now initiate a short position with a stop loss at the recent high.
Trading Strategy: Go short with a stop loss at 2113
Supports: 1942, 1900
Resistances: 2113, 2379

Infy - Infy made a higher high and a higher low. It looks like the uptrend is starting again. We will go long with a strict stop loss
Trading Strategy: Go long with stop loss at 1758
Supports: 1758, 1701
Resistances: 1844, 1911