August 10, 2009, Single Stock

RIL - RIL made a lower high and a lower low. We will go short with a stop loss at Thursday's high.
Trading Strategy: Go short with a stop loss at 2125
Supports: 1985, 1717
Resistances: 2125, 2183

Infy - Infy hit our stop loss and we booked profits. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1944, 1770
Resistances: 2107, 2142