January 04, 2010, Single Stock

Happy New Year!
Bharti - Bharti continued to make higher highs. We will stay long.
Trading strategy: Stay long, move stop loss up to 323.
Supports: 300, 288.2, 274.4
Resistances: 348.8, 357

Infosys - Infy made higher highs and higher lows. However the charts do not look convincing. 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: 2614

RIL - RIL made a higher high and a higher low. We will go long with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 1070.
Supports: 1070, 1011, 901
Resistances: 1113, 1120