November 03, 2008, Single Stock

RIL - On Friday RIL continued its up move. However it was unable to break the previous high at 1425. For sustaining this up move and becoming an uptrend RIL has to break 1425.
Trading Strategy: Play for supports/resistances breaks or bounces.
Supports: 1281, 1202
Resistances: 1407-1425, 1668

Infy - Infy continued its up move on Friday. Infy also broke the previous high at 1412. This indicates that Infy is in an uptrend.
Trading Strategy: Stay long with stop loss at 1160
Supports: 1318-1339, 1160
Resistances: 1440-1450, 1660