January 17, 2012, Single Stock

Bharti - Bharti moved up and made a higher high and a higher low. We will wait and watch before we take a new position.
Trading Strategy: Play for resistances/supports breaks or bounces.
Supports: 320, 309
Resistances: 396-98, 412, 448

Infosys - Infy made a higher high and a higher low. We will wait and watch before we take a new position.
Trading Strategy: Play for resistances/supports breaks or bounces.
Supports: 2817, 2650, 2490-2301, 2162
Resistances: 2884, 3024

RIL - RIL fell and made a lower high and a lower low. We will wait and watch before taking a new position.
Trading Strategy: Play for resistances/supports breaks or bounces.
Supports: 753, 712
Resistances: 774, 892-907, 967

SBIN - SBI made an engulfing candle. We stay long, but keep stop losses strict.
Trading: Stay long, with stop loss at 1625.
Resistances: 1840, 1960
Supports: 1625, 1590, 1571