June 22, 2010, Single Stock

Bharti - Bharti made a higher high, but a lower high. We will stay short, It looks like Bharti is finding some support around 264.
Trading Strategy: Stay short, move stop loss down to 274.
Supports: 264, 254
Resistances: 279, 292, 302

Infosys - Infy made a higher high and a higher low. It was also a doji candle. We hit our stop loss on Friday and closed our long position. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/supports breaks or bounces
Supports: 2668, 2558
Resistances: 2759, 2825

RIL - RIL made an inside day on Monday, after Friday's large candle. We could be seeing the end of the up trend. We will stay long.
Trading Strategy: Stay long, with a stop loss at 1050
Supports: 975, 960
Resistances: 1100, 1150