February 8, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. It was also a doji candle. We will stay short, but be prepared to close our position.
Trading strategy: Stay short, move stop loss down to 316.
Supports: 300, 288.2
Resistances: 315.7, 332, 348.8

Infosys - Infy made an inside day. It looks like we could see the trend reversing, bu we will stay short.
Trading Strategy: Stay short, move stop loss down to 2470.
Supports: 2415, 2307
Resistances: 2555, 2700

RIL - RIL made a lower high and a higher low. The candles indicated a possible trend reversal in RIL. We will go long, with a strict stop loss.
Trading Strategy: Go long with a stop loss at 975
Supports: 975, 901
Resistances: 1046, 1150