June 24,Single Stock 2010

Bharti - Bharti made a lower low and a lower high. We will stay short and move our stop loss down.
Trading Strategy: Stay short, move stop loss down to 268.
Supports: 264, 254
Resistances: 270, 279, 292

Infosys - Infy made an engulfing candle. There is no clear trend or movement clear. 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 another doji candle yesterday. It was a lower low and a lower high, but our stop loss at 1050 was not hit. 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