February 19, 2010, Single Stock

Bharti - Bharti made a higher high and higher low. We will stay long. Keep stop losses strict.
Trading strategy: Go long with a stop loss at 269
Supports: 269, 241.5
Resistances: 332, 348.8

Infosys - Infy made lower high and a lower low. We will close our position and switch to short.
Trading Strategy: Close the long and go short with a stop loss at 2514. If Infy opens above 2514, stay long.
Supports: 2458, 2415, 2307-29
Resistances: 2514, 2555, 2700

RIL - We missed out on the short, by keeping our stop loss too strict. RIL fell sharply today, but we did not have a position and did not benefit. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 975, 901
Resistances: 1046, 1150