April 15, 2010, Single Stock

We're back!!
Bharti - Bharti made a low on Monday and bounced back on Tuesday. We will close our short and go long with a stop loss at Monday's low.
Trading strategy: Close short, go long with a stop loss at 305
Supports: 305, 292, 269
Resistances: 321, 332, 348.8

Infosys - Infy has broken its long term up trend which started on Feb 5. We will wait to see if Infy is able to move above its previous high of 2870, else we will stay short.
Trading Strategy: Stay short, with a stop loss at 2870
Supports: 2636, 2613
Resistances: 2795, 2845

RIL - RIL made a lower high and a lower low. We will stay long and move our stop losses up. 1150 looks like a strong resistance, however if RIL makes a third attempt on it the resistance could break.
Trading Strategy: Stay long, move stop loss up to 1102.
Supports: 1102, 1062, 975
Resistances: 1150