Ocotber 29, 2008, Single Stock

RIL - Yesterday RIL moved up sharply and was able to hold most of the gains till the end of trading. However since yesterday was a short trading session we will wait for today before we can confirm the end of RIL's down trend.
Trading Strategy: Play for supports/resistances breaks or bounces.
Supports: 1117, 1020
Resistances: 1280-1300, 1425

Infy - Infy managed to stay above 1160 and closed just above its 5-EMA of 1273. For infy to continue the up move and establish an uptrend it needs to break 1412.
Trading Strategy: Go long with stop loss at 1160
Supports: 1273, 1160
Resistances: 1394-1412, 1608