November 04, 2008, Single Stock

RIL - On Monday RIL continued its up move. It also broke the previous high of 1425. We need to see if the up move will strengthen or RIL will pull back.
Trading Strategy: Play for supports/resistances breaks or bounces.
Supports: 1390, 1293
Resistances: 1668, 1792

Infy - Infy continued its up move on Monday, but was not able to significantly move above the previous high. For the trend to be strengthened Infy must now establish a higher low.
Trading Strategy: Stay long with stop loss at 1160
Supports: 1339-42, 1160
Resistances: 1450, 1660