August 26, 2010, Single Stock

Bharti - Bharti made a lower high and a lower low, but is still above our stop loss.
Trading Strategy: Stay long, with stop loss at 308.
Supports: 292, 282, 264, 260
Resistances: 343

Infosys - Infy made a higher low and a higher high. This could be the begining of an uotrend. We will go long. with a stop loss at 2750.
Trading: Go long with a stop loss at 2750
Supports: 2750, 2716, 2668
Resistances: 2800,2905

RIL - RIL made a lower low and a lower high. However it has not broken the support at 960. Last time RIL was able to take support from around 960 (958) we will see if the support hold this time. 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