November 04, 2009, Single Stock

RIL - RIL made a lower low and a lower high. RIL broke its support at 1868. We will wait to see if RIL bounces back from 1868. The next support is at 1717.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1717
Resistances: 2043, 2236-40

Infy - Infy made a lower high and a lower low. We will stay short but move our stop loss down.
Trading Strategy: Stay short, move stop loss down to 2247.
Supports: 2120, 2025
Resistances: 2247-50, 2288-2300, 2353