April 21, 2010, Single Stock

Bharti - Bharti made a higher low and a lower high. We will wait and watch before taking a new position.
Trading strategy: Play for resistance/support breaks or bounces
Supports: 292, 269
Resistances: 321, 332, 348.8

Infosys - Infy made a lower low, but a higher high. Maybe the downtrend is ending. We will stay short.
Trading Strategy: Stay short, with stop loss at 2825.
Supports: 2636, 2613
Resistances: 2825, 2870

RIL - RIL has made an inside day after a strong support at 1050. We will go long with a stop loss at the support.
Trading Strategy: Go long with a stop loss at 1050.
Supports: 1062, 975
Resistances: 1150