December 15, 2009, Single Stock

Bharti - Bharti continued to make a lower high and a lower low. We hit our stop loss and booked our profits. We will go short with a stop loss at a recent high.
Trading strategy: Go short with a stop loss 348.8
Supports: 313.5, 288.2, 274.4
Resistances: 348.8, 357

Infosys - Infy made a higher high and a lower low. We hit our stop loss and booked our profits. We will now wait and watch before taking a new position.
Trading Strategy: Play for resistance/supports breaks or bounces
Supports: 2355, 2307
Resistances: 2464, 2518

RIL - RIL made a lower high and a low. It was also a doji candle. We will stay long.
Trading Strategy: Stay long with a stop loss at 1050.
Supports: 1050, 1011, 901 (New prices)
Resistances: 1120, 1143 (New prices)