October 14, 2008, Single Stock

RIL - Yesterday was an inside day for RIL. This is indicates a trend reversal.
Trading Strategy: If RIL holds above 1613, then go long.
Supports: 1477, 1350
Resistances: 1613,1815

Infy - Infy closed above its 5 EMA, to close at 1318. This is a good sign. Infy needs to move above 1440 to break its current downtrend.
Trading strategy: Play for supports/resistances breaks or bounces.
Supports: 1283-1300, 1121
Resistances: 1440, 1537