January 17, 2011, Single Stock

Bharti - Bharti made an negulfing candle. 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 higher high and a higher low. This is a positive signal following the doji/hammer yesterday. 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 hit our stop loss and we closed our position. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 998, 952, 922
Resistances: 1100, 1125

SBIN - SBI made a small candle. Almost a doji. It was also a higher low. We will see if this is the bottow.
Trading Strategy: Play for resistance/support breaks or bounces
Resistances: 3325, 3515
Supports: 2536, 2656, 2775