February 22, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. It was also a doji candle. 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 go short.
Trading Strategy: If you are long, close the long and go short with a stop loss at 2566.
Supports: 2458, 2415, 2307-29
Resistances: 2514, 2555-66, 2700

RIL - RIL came close to breaking below the support of 975, but it did not. We will look for a break/bounce on this support. 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