August 11, 2009, Single Stock

RIL - RIL made a lower high and a lower low. RIL seemed to take support just below 1988. We will stay short with the same stop loss.
Trading Strategy: Stay short with a stop loss at 2125
Supports: 1973, 1717
Resistances: 2125, 2183

Infy - Infy made a higher high and a higher low after Friday's hammer candle. We will go long with a stop loss at Friday's low.
Trading Strategy: Go long with a stop loss at 2025
Supports: 2025, 1944
Resistances: 2115, 2142