December 16, 2008, Single Stock

RIL - RIL continued its uptrend on Monday. However Monday was a doji, indicating a possible pause or reversal in the uptrend. If you have been following the uptrend, take profits now.
Trading Strategy: Play for supports/resistances breaks or bounces
Supports: 1283, 1100
Resistances: 1505, 1668

Infy - Yesterday, Infy did not break the support of 1040. It also made a higher high and higher low. Infy is showing signs of breaking the downtrend.
Trading Strategy: Go long with stop loss at 1077
Supports: 1077, 1040
Resistances: 1128, 1206