January 16, 2011, Single Stock

Bharti - Bharti made a lower low and a lower high. It was also a doji candle, so we will be cautious. We will stay long and look to move our stop loss up. Trading Strategy: Stay long, with stop loss up at 330.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower low and a lower high. It was a doji candle so infy could find some support at this level. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a lower low and a lower high. It came close to out stop loss but did not break it. We will stay long with a stop loss at the recent low.
Trading: Stay long with a stop loss at 998,
Supports: 998, 952, 922
Resistances: 1100, 1125

SBIN - SBI fell sharply and made a lower low and a lower high. We hit our stop loss and closed our position.
Trading Strategy: Play for resistance/support breaks or bounces
Resistances: 3325, 3515
Supports: 2536, 2656, 2775