October 15, 2008, Single Stock

RIL - RIL close near an important support/resistance of 1609. Yesterday was also a doji. Market is clearly undecided. For a RIL to continue an up move it have close above 1600.
Trading Strategy: Play for supports/resistances breaks or bounces.
Supports: 1592, 1477
Resistances: 1610,1815

Infy - Infy seems to be developing a nice upmove starting from Friday. Let us see if this continues or is arrested. The next resistance is 1440, which Infy has to break to sustain the uptrend.
Trading strategy: Play for supports/resistances breaks or bounces.
Supports: 1333, 1121
Resistances: 1445, 1537