September 3, 2009, Single Stock

RIL - Made a lower high and a lower low. However it was a doji candle. We will follow the down trend and move our stop loss down. We will also keep stop losses strict.
Trading Strategy: Stay short, move stop loss to 1998
Supports: 1943, 1868, 1717
Resistances: 1998, 2089, 2125

Infy - Infy made a lower low and a lower high. This indicates that the down trend could continue over the next few sessions. We will stay short with a stop loss at the recent high. However we will keep stop losses strict and look for break outs.
Trading Strategy: Stay short, with stop loss at 2204.
Supports: 2025, 1935-44
Resistances: 2199-2204, 2415