December 16, 2009, Single Stock

Bharti - Bharti continued to make a lower high and a lower low. We will stay short, but move our stop loss down.
Trading strategy: Stay short, move stop loss to 323.5
Supports: 313.5, 288.2, 274.4
Resistances: 348.8, 357

Infosys - Infy made a higher low, but a lower high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/supports breaks or bounces
Supports: 2464-76, 2355, 2307
Resistances: 2518

RIL - RIL made a lower high and a lower. We hit our stop loss and closed our position. We will now go short.
Trading Strategy: Go short with a stop loss at 1088
Supports: 1033, 1011, 901
Resistances: 1088, 1120