November 28, 2008, Nifty

Over the last three trading sessions Nifty seems have faced a strong support between 2633 and 2654. This could form the base of another short rally if it holds. Asia is up a touch, Nifty should open flat.

Trading strategy: Stay long with stop loss at 2633
Supports: 2702, 2633-2654
Resistances: 2825, 2871