September 15, 2008, Single Stock

RIL - RIL closed near the 1920 support we had given. The next support is at 1812. We feel that RIL could be in for a prolonged down move if it does not bounce back today.
Trading Strategy: Go short if 1920 support is broken. Else go long with a strict stop loss at 1920
Supports: 1920, 1812
Resistances: 2027-2039, 2094-2100