March 09, 2011, Single Stock

Bharti - Bharti moved up sharply after a doji candle. We will wait for Bharti to break above 350 (appox. 61.8% retracement of recent down move) before going long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy and made a higher high and a lower low. 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 higher high and a higher low. We will stay long and look to move our stop loss up.
Trading: Stay long with a stop loss at 954
Supports: 954, 888, 858
Resistances: 1100, 1125

SBIN - SBI made an inside day. We will move our stop loss up and stay long.
Trading Strategy: Stay long, move stop loss to 2512.
Resistances: 3325, 3515
Supports: 2463-76