February 20, 2012, Single Stock

Bharti - Bharti made a higher 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 a higher high and a higher low. We missed the uptrend last week. 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 hit our stop loss on Thursday and we closed our position. We will wait and watch before we take a new position.
Trading Strategy: Play for resistances/supports breaks or bounces.
Supports: 815, 753, 712
Resistances: 892-907, 967

SBIN - SBI made a higher high and a higher low. We will stay long and move our stop loss up.
Trading: Stay long, move stop loss up to 2100.
Resistances: 2530
Supports: 2100,1970, 1920, 1748, 1625, 1590, 1571