December 24, 2008, Single Stock

RIL - RIL fell sharply yesterday. We will now see where RIL can find a support to bounce back from.
Trading Strategy: Stay short and move stop loss to 1285.
Supports: 1260, 1107
Resistances: 1281, 1377

Infy - Infy hit our stop loss yesterday and we booked profits. We will now look to see where Infy can find a support to bounce back from.
Trading Strategy: Play for resistance/support breaks/bounces.
Supports: 1172, 1085
Resistances: 1206, 1321