December 13, 2010, Single Stock

Bharti - Bharti fell sharply and made a lower high and a lower low. We hit our stop loss and closed our position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower high and a lower low. It was also a doji candle. We will stay long.
Trading:Stay long, with stop loss at 3012.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL rose sharply and made a lower high and a higher low. This is a strong reversal signal. We willw aitn for a confirmation before taking a position.
Supports: 952, 922, 900
Resistances: 1100, 1125

SBIN - SBI fell sharply again and made a lower high and a lower low. We will wait and watch before taking a new position.
Trading Strategy: We will wait and watch before taking a new position.
Resistances: 3325, 3515
Supports: 2775, 2737