May 18, 2010, Single Stock

Bharti - Bharti made a higher high and a higher low yesterday. We will keep our stop losses strict, but stay short.
Trading strategy: Stay short, with stop loss at 272.
Supports: 254, 269
Resistances: 302, 321

Infosys - Infy fell sharply and 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: 2607, 2551
Resistances: 2708, 2759

RIL - RIL made a lower high and a lower low. We will stay long.
Trading Strategy: Stay long with a stop loss at 1003
Supports: 1003, 1050, 975
Resistances: 1100, 1150