March 13, 2012, Single Stock

Bharti - Bharti made a higher high and a higher low. It broke the support of 336 and fell a bit further. 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 engulfing candle. 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 and took support at 750. However the trend looks negative. 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 fell sharply but stayed above our stop loss. We will stay long, but look to move our stop loss up.
Trading: Stay long, with stop loss at 2100.
Resistances: 2530
Supports: 2100,1970, 1920, 1748, 1625, 1590, 1571