March 17, 2010, Single Stock

Bharti - Bharti made an inside day. We now expect a fall from here. We will stay short, but keep stop losses strict.
Trading strategy: Stay short with a stop loss at 304.
Supports: 269, 241.5
Resistances: 304, 332, 348.8

Infosys - Infy made a higher high and a higher low. It was a strong convincing move above 2700. We will stay long and move our stop losses up.
Trading Strategy: Stay long, move stop loss up to 2636.
Supports: 2636, 2613, 2582, 2458
Resistances: 2791, 2845

RIL - RIL made a higher high and a higher low. 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: 975, 901
Resistances: 1040-46, 1150