November 30 , 2011, Single Stock

We missed a torrid November, but Fibonacci doji is back for the end of the year.
Bharti - Bharti made an engulfing candle. In november we hit our stop loss of 371 and closed our postion. We will wait and watch before taking a new position.
Trading Strategy: Play for resistances/supports breaks or bounces.
Supports: 354, 343
Resistances: 396, 448

Infosys - Infy made a lower high and a lower low. In november we hit our stop loss of 2688 and closed our postion. We will wait and watch before taking a new position.
Trading Strategy: Play for resistances/supports breaks or bounces.
Supports: 2490-2301, 2162
Resistances: 2884, 3024

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

SBIN - SBI did not go above 2024 in November and we stayed on the sidelines. We will wait for a break above 2024 before going long again.
Trading: Play for resistance/support breaks or bounces.
Resistances: 2025, 2278, 2530
Supports: 1710, 1629