November 23, 2010, Single Stock

Bharti - Bharti hit out stop loss at 314 and we closed our position. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 314-8, 308
Resistances: 348-52, 377

Infosys - Infy hit out stop loss at 2948 and we closed our position. We will wait and watch before taking a new position.
Trading:Stay long with a stop loss at 2948.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made an inside day. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI made a lower high and a higher low. It was a engulfing candle. We could see a prolonged down move now. We will wait and watch before talking a new position.
Trading Strategy: Play for resistance/support breaks/bounces.
Resistances: 3325, 3515
Supports: 3043, 2965