September 13, 2011, Single Stock

Bharti - Bharti fell sharply and made a lower low and a lower high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 392, 377
Resistances: 448

Infosys - Infy fell sharply and made a lower low and a lower high. We will stay short, and look to move our stop loss down.
Trading Strategy: Stay short with a stop loss at 2385.
Supports: 2342, 2162
Resistances: 2385, 2500

RIL - RIL fell sharply and a made a lower low and a lower high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Supports: 753, 712
Resistances: 892-907, 967

SBIN - SBI fell sharply and made a lower low and a lower high. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Resistances: 2278, 2530
Supports: 1867, 2997