July 31, 2009, Single Stock

RIL - RIL made a lower high and a higher low. It was an inside day for RIL. This indicates a possible trend reversal. Stay short. Move stop loss down. Keep stop losses strict.
Trading Strategy: Stay short, move stop loss to 1938
Supports: 1871, 1717
Resistances: 1995, 2089, 2113

Infy - Infy made a higher high and a higher low. How ever our stop loss has not been hit and we will stay short.
Trading Strategy: Stay short with stop loss at 2045
Supports: 1944, 1893-95, 1802
Resistances: 2045, 2070