December 24, 2009, Single Stock

Bharti - Bharti made a higher high and a higher low on Wednesday. We will stay long, but move our stop loss up.
Trading strategy: Stay long, move stop loss up to 317
Supports: 300, 288.2, 274.4
Resistances: 348.8, 357

Infosys - Infy made a higher high and a higher low. It was also a new all time high for Infy as it moved up sharply yesterday. We hit our stop loss and closed our position. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 2464-76, 2355, 2307
Resistances: 2572, 2556

RIL - RIL made a higher high and a higher low. It moved up sharply yesterday. We hit our stop loss and closed our position. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 1011, 901
Resistances: 1088, 1120