January 24, 2012, Single Stock

Bharti - Bharti 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 made a lower high and a lower low. RIL came close to our stop loss but did not brake it. We will stay long, but keep stop losses strict.
Trading Strategy: Stay long with a stop loss at 753.
Supports: 753, 712
Resistances: 774, 892-907, 967

SBIN - SBI made a higher high and a higher low. We will stay long.
Trading: Stay long, move stop loss up to 1820.
Resistances: 1960, 2018
Supports: 1920, 1748, 1625, 1590, 1571