July 12, 2011, Single Stock

Bharti - Bharti fell sharply and made a lower low and a lower high. We will stay long and move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 378.
Supports: 367, 345-51
Resistances:379, 390

Infosys - Infy fell sharply and made a lower low and a lower high. We hit our stop loss and closed our postion. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 2926, 2736
Resistances: 3162, 3238

RIL - RIL made a lower high and a lower low. 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: 940, 964, 954
Resistances: 1100, 1125

SBIN - SBI made a lower high and a lower low. This is a negative signal after the doji candle. We will go short with a stop loss at the recent high.
Trading: Go short with a stop loss at 2515
Resistances: 2515, 3325, 3515
Supports: 2123-38