November 20, 2009, Single Stock

RIL - As expected RIL fell sharply. We will move our stop loss down.
Trading Strategy: Stay short, move stop loss to 2110.
Supports: 2044-61, 2036
Resistances: 2162, 2213, 2236-40

Infy - Infy made a lower low and a lower high. Our stop loss was hit and we booked profits. We will go short with a stop loss at the recent high.
Trading Strategy: Go short with a stop loss at 2443.
Supports: 2335, 2249, 2120-30
Resistances: 2443