November 17, 2008, Single Stock

RIL - RIL broke the support of 1151 on Wednesday. We now need to see if RIL will hold above the previous low of 930.
Trading Strategy: Play for supports/resistances breaks or bounces.
Supports: 1000, 930
Resistances: 1262,1375

Infy - Infy broke its support at 1202. We now have a lower low. We will have wait for the next few trading sessions to determine which way infy will move. Things still look positive on the weekly charts. The next important support is 1060.
Trading Strategy: Play for supports/resistances breaks or bounces.
Supports: 1160, 1040
Resistances: 1257, 1355