December 8, 2009, Single Stock

Bharti - Bharti continued to make a higher high and a higher low. We were early in booking profits again.
Trading strategy: Go long with a stop loss at 308
Supports: 288.2, 274.4
Resistances: 315.1, 325.6

Infosys - Infy made a higher high and a higher low. It was also a doji candle. However it still did not break out on either side, though the upside looks more likely. Stay long, but be prepared to switch to short.
Trading Strategy: Stay long, with a stop loss at 2355. If 2355 is broken, go short with a stop loss at 2427.
Supports: 2355, 2307
Resistances: 2427, 2449

RIL - RIL made a lower low and a lower high. Go short.
Trading Strategy: Go short with a stop loss at 1120.
Supports: 1011, 901 (New prices)
Resistances: 1120, 1143 (New prices)