February 03, 2011, Single Stock

Bharti - Bharti made a lower low and a higher high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a higher high and a higher low. We will go long with a stop loss at the recent low.
Trading: Go long with a stop loss at 3043.
Supports: 3043, 2948, 2716, 2668
Resistances: 3162, 3238

RIL - RIL made a higher low and a higher high. 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 lower low and a lower high. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 2463
Play for resistance/support breaks or bounces
Resistances: 3325, 3515
Supports: 2463, 2536, 2656