December 3, 2008, Single Stock

RIL - RIL broke the previous low of 1032, but only just. The close near a support combined with a doji hammer candle indicates a near term rally for RIL.
Trading Strategy: If RIL opens up, Go long with stop loss at 1025
Supports: 1025, 930
Resistances: 1114, 1180

Infy - There is still no clear trend we can find in Infy. We will wait till we see a clear trend or a signal.
Trading Strategy: Play for supports/resistances breaks or bounces, with strict stop losses.
Supports: 1120, 1090
Resistances: 1234, 1299