June 23,Single Stock 2010

Bharti - Bharti made a lower low and a lower high. The support at 264 did not hold. We will stay short and move our stop loss down.
Trading Strategy: Stay short, move stop loss down to 270.
Supports: 264, 254
Resistances: 270, 279, 292

Infosys - Infy made a lower higher high and a lower low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/supports breaks or bounces
Supports: 2668, 2558
Resistances: 2759, 2819-25

RIL - RIL made a doji candle yesterday. Another sign of reversal after the inside day on Monday. We could be seeing the end of the up trend. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long, with a stop loss at 1050
Supports: 975, 960
Resistances: 1100, 1150