December 30, 2008, Single Stock

RIL - RIL moved up sharply yesterday. However it still made a lower high and a lower low. RIL is not yet in an uptrend.
Trading Strategy: Play for resistance/support breaks/bounces.
Supports: 1230-1240, 1188
Resistances: 1275, 1407

Infy - Yesterday was a doji for Infy, indicating a possible trend reversal.
Trading Strategy: Play for resistance/support breaks/bounces.
Supports: 1065-1085, 1040
Resistances: 1140, 1222