January 15, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low. It was a doji candle. We will stay short.
Trading strategy: Stay short with a stop loss 332
Supports: 311, 300, 288.2
Resistances: 332, 348.8

Infosys - On Wednesday 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: 2700

RIL - RIL continues to make large candles, implying high volatility. We will wait for Reliance to get out of the 1050-1150 band before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1050, 1011, 901
Resistances: 1150