December 17, 2009, Single Stock

Bharti - Bharti made a higher high and a higher low. We hit our stop loss and booked profits. We will go long with a stop loss at the recent high.
Trading strategy: Go long with a stop loss at 313.5
Supports: 313.5, 288.2, 274.4
Resistances: 348.8, 357

Infosys - Infy made a lower low, but a higher 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: 2556

RIL - RIL made a lower high and a lower low. We will stay short, but move our stop loss down.
Trading Strategy: Stay short, move stop loss down to 1055
Supports: 1011, 901
Resistances: 1088, 1120