January 18, 2010, Single Stock

Bharti - Bharti made a lower low, but also a higher high. We will stay short.
Trading strategy: Stay short with a stop loss 332
Supports: 311, 300, 288.2
Resistances: 332, 348.8

Infosys - Infy made a hammer candle on Friday. It looks like 2700 is a strong resistance. 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 made a higher high and a higher low. We will still watch for RIL to get out of the 1050-1150 band and switch our positions accordingly, but it looks like there might be a break out on the upside.
Trading Strategy: We will go long with a stop loss at 1105, but be prepared to switch to short if RIL falls below 1050.
Supports: 1050, 1011, 901
Resistances: 1150