June 28, 2011, Single Stock

Bharti - Bharti made a higher low and a higher high. We will go long with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 379
Supports: 345-51
Resistances:379, 390

Infosys - Infy made a higher higher and a lower low. It also moved above 2904 and we switched to long.
Trading: Switch to long, with stop loss at 2736
Supports: 2736
Resistances: 3162, 3238

RIL - RIL made a higher high and a higher low. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 940, 964, 954
Resistances: 1100, 1125

SBIN - SBI move up sharply and made a higher low and higher high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Resistances: 3325, 3515
Supports: 2138