June 30,Single Stock 2010

Bharti - Bharti made a higher high but a lower low. It was a doji candle. We will stay long.
Trading Strategy: Stay long with a stop loss at 260.
Supports: 264, 260, 254
Resistances: 270, 279, 292

Infosys - Infy made a clear doji candle. However, there is no clear trend emerging. 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 fell sharply and our short position was vindicated. We will stay short.
Trading Strategy: Stay short with a stop loss at 1100
Supports: 975, 960
Resistances: 1100, 1150