February 14, 2012, Single Stock

Bharti - Bharti made a lower low and a lower high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistances/supports breaks or bounces.
Supports: 355, 336, 320, 309
Resistances: 396-98, 412, 448

Infosys - Infy made an inside day. This could be a sign of a trend reversal. 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 higher low and a lower high. We will stay long.
Trading Strategy: Stay long, with a stop loss at 815.
Supports: 815, 753, 712
Resistances: 892-907, 967

SBIN - SBI fell sharply and made a lower low and a lower high. We will stay long, but keep stop losses strict.
Trading: Stay long, with stop loss at 2060.
Resistances: 2018, 2113
Supports: 1970, 1920, 1748, 1625, 1590, 1571