November 26, 2008, Single Stock

RIL - RIL broke any clear trend indications yesterday. The uptrend was not confirmed. We will once again watch for low of 930.
Trading Strategy: Play for supports/resistances breaks or bounces.
Supports: 1032, 930
Resistances: 1198-1205, 1375

Infy - Infy clearly exhibited a higher high and higher low yesterday. However yesterday was also a doji, indicating indecision in the market. We will wait to see which way the market jumps, and then take a position.
Trading Strategy: Play for supports/resistances breaks or bounces.
Supports: 1090, 1040
Resistances: 1355 , 1447