May 4, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. We will go short with a stop loss at Friday's high.
Trading strategy: Go short with a stop loss at 302.
Supports: 292, 269
Resistances: 302, 321

Infosys - Infy made a lower high and a higher low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 2693, 2636
Resistances: 2790, 2825, 2870

RIL - RIL made a lower low and a lower high. We will stay long.
Trading Strategy: Stay long with a stop loss at 1012.
Supports: 1050, 975
Resistances: 1150