October 1, 2008, Nifty

Nifty rallied more than 200 points from the day's low to close at 3921. Asia is up. We will open gap up. Nifty needs to hold above 3967 to sustain a rally.

Trading Strategy: Go long with strict stop losses.
Supports: 3919, 3861
Resistances: 3967, 4014