June 28,Single Stock 2010

Bharti - Bharti made a lower high and a lower low. It was also a doji candle. We will stay short and move our stop loss down.
Trading Strategy: Stay short, with stop loss at 266.
Supports: 264, 254
Resistances: 270, 279, 292

Infosys - Infy made a lower low and a lower high. 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 an engulfing candle on Friday. We will stay short.
Trading Strategy: Stay short with a stop loss at 1100
Supports: 975, 960
Resistances: 1100, 1150