September 20, 2011, Single Stock

Bharti - Bharti made a lower low and a higher 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 moved up sharply on Friday and hit our stop loss. We closed our position. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 2342, 2162
Resistances: 2385, 2500

RIL - RIL made a lower high and a lower low. 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 and made a higher low and a lower high. It was an inside day. We will wait and watch before taking a new position.
Trading: Play for resistance/support breaks or bounces.
Resistances: 2278, 2530
Supports: 1867, 2997