November 19, 2008, Single Stock

RIL - RIL continued on it downtrend. However RIL closed well above its open, indicating that we could see a reversal signal today.
Trading Strategy: Play for supports/resistances breaks or bounces.
Supports: 1070, 930
Resistances: 1159, 1204

Infy - Again, Infy came close to its support of 1160, but did not break it. Nifty also did not make a new low yesterday. It stayed above Monday's low of 1170. We will look to see if Infy will break 1160 today or will bounce back from this level.
Trading Strategy: Play for supports/resistances breaks or bounces.
Supports: 1160, 1040
Resistances: 1226, 1355