May 7, 2010, Single Stock

Bharti - Bharti made a lower high and a higher low. We will stay short.
Trading strategy: Stay 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 stay short but move our stop loss down.
Trading Strategy: Stay short, move stop loss down to 2708
Supports: 2693, 2636
Resistances: 2759, 2790

RIL - RIL 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: 1050, 975
Resistances: 1150