October 6, 2010, Single Stock

Bharti - Bharti made a lower low and a lower high. We hit our stop loss and finally closed our long taking huge profits. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 338, 331, 314
Resistances: 348, 485

Infosys - Infy made a lower high and a higher low. We will stay long.
Trading: Stay long with stop loss at 3000.
Supports: 2750, 2716, 2668
Resistances: 3000

RIL - RIL made an engulfing candle. There is no clear trend evident yet. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 994, 1100, 1150