March 16, 2011, Single Stock

Bharti - As predicted Bharti fell sharply after breaking below 320. We will go short with a stop loss at the recent high.
Trading Strategy: Go short with a stop loss at 330.5
Supports: 318-20, 303
Resistances: 340, 377

Infosys - Infy made a lower low and a lower high. It was also a doji candle. 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 rose sharply and made a higher high and a lower low. We will stay long.
Trading: Stay long, with stop loss at 964.
Supports: 964, 954
Resistances: 1100, 1125

SBIN - SBI fell sharply and made a lower high and a lower low. We will stay long and look to move our stop loss up.
Trading Strategy: Stay long with a stop loss at 2512.
Resistances: 3325, 3515
Supports: 2463-76