April 26, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. We will stay short.
Trading strategy: Stay short with a stop loss at 308.2
Supports: 292, 269
Resistances: 321, 332, 348.8

Infosys - Infy made a higher high and a higher low. It looks like 2693 is a good support. We will stay short, but be prepared to switch to lng if our stop loss is hit.
Trading Strategy: Stay short with stop loss at 2790. If 2790 is broken, go long with a stop loss at 2693.
Supports: 2693. 2636
Resistances: 2790, 2825, 2870

RIL - RIL made an engulfing candle on thursday, followed by a higher high. We will go long.
Trading Strategy: Go long with a stop loss at 1040.
Supports: 1050, 975
Resistances: 1150