June 07, 2010, Single Stock

Fibonacci Doji is back after a break for the exams!
Bharti - Bharti broke our stop loss on Thursday. It seems to have formed a base at around 250-255. We will go long.
Trading Strategy: Go long with a stop loss at 250.
Supports: 254, 269
Resistances: 302, 321

Infosys - Infy rose to 2738, higher than its previous high. We will go long with a stop loss at recent low.
Trading Strategy: Go long with a stop loss at 2558.
Supports: 2558, 2458-7
Resistances: 2735, 2759

RIL - RIL made a doji candle of Friday. The support at 975 held over the last couple of weeks. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 975, 960
Resistances: 1100, 1150