2. Infosys has to move above the levels of Rs 1,312 and Rs 1,350 to show some uptrend in the stock. Else as a strategy day traders can short the stock with stop loss as Rs 1,351
3. In case Reliance is able to move past the level of Rs 1,171, some positive effect may be seen in the stock price. In case stock is not able to move past the said level than it can fall to the level of Rs 1,060-Rs 1,020.
4. Value investors can buy the stock with in range of Rs 1,060-Rs 1,020 as a long term investment. can watch out for buying opportunities in such declines.