August 23, 2010, Single Stock

Bharti - Bharti fell sharply on Friday, indicating a possible end to the uptrend and the start of a down trend. We will stay long but keep stop losses strict.
Trading Strategy: Stay long, with stop loss at 305.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made a lower high and a lower low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a higher high and a higher low. This was expected after the resistanc was brokn. We will wait and watch before we take a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 1007, 975, 960
Resistances: 1100, 1150