October 22, 2008, Single Stock

RIL - RIL closed above its 5-SMA yesterday. To sustain this up move RIL needs to close above 1355 today.
Trading Strategy: Play for supports/resistances breaks or bounces.
Supports: 1355, 1281
Resistances: 1432, 1526

Infy - Infy continued its uptrend yesterday. A move above 1412 will be needed to confirm that the uptrend is still in place.
Trading strategy: Stay long with stop loss at 1190.
Supports: 1303, 1190
Resistances: 1412, 1660