September 18, 2008, Single Stock

RIL - RIL broke the resistance in the opening but did not hold above it, for long. We still had a higher high and a lower low than Tuesday. This could be the beginning of a new uptrend. However we need to wait and watch for confirmation.
Trading Strategy: Wait and watch. Close open long positions. Play for positive or negative break outs of resistances and supports.
Supports: 1800, 1768
Resistances: 1906-1935, 2020