November 28, 2008, Single Stock

RIL - RIL broke any clear trend indications yesterday. The uptrend is not yet confirmed. RIL did move above is 5-Day SMA. This is a slight positive indicator.
Trading Strategy: Play for supports/resistances breaks or bounces.
Supports: 1032, 930
Resistances: 1198-1205, 1375

Infy - Another indecisive candle on Wednesday. We now expect a major move from Infy. We will wait to see which way the market jumps, and then take a position. Play
Trading Strategy: Play for supports/resistances breaks or bounces, with strict stop losses.
Supports: 1186, 1040
Resistances: 1237, 1355