October 21, 2008, Single Stock

RIL - RIL made a doji yesterday indicating a trend reversal. Volumes in RIL have been increasing in the last few days. This supports the possibility of a trend reversal. However we will wait for confirmation today.
Trading Strategy: Play for supports/resistances breaks or bounces.
Supports: 1281, 1176
Resistances: 1432, 1526

Infy - Infy is now clearly in an uptrend. We will follow it. A move above 1290 would strengthen the current up move.
Trading strategy: Stay long with stop loss at 1190.
Supports: 1190, 1040
Resistances: 1290, 1412