December 1, 2008, Single Stock

RIL - RIL made a higher high and a higher low on Friday. The uptrend is in place but not yet confirmed. There is a strong resistance around 1221. RIL will have to break out of this to continue the uptrend.
Trading Strategy: Play for supports/resistances breaks or bounces.
Supports: 1032, 930
Resistances: 1188-1203, 1221

Infy - Infy has gone above its 5 and 20-EMA. the sharp move we predicted on Friday was in the positive direction. We are looking to see if that was a single day effect or if Infy can start a rally from here.
Trading Strategy: Play for supports/resistances breaks or bounces, with strict stop losses.
Supports: 1237, 1205
Resistances: 1355, 1447