December 10, 2008, Nifty

Nifty continued on its rally on Monday, though there was a sharp pull-back later in the day. Nifty still made a higher high and lower low. We move our stop loss up to yesterday's low. Asia is a touch up, so Nifty could open up.
Trading strategy: Stay long. Keep stop loss at Monday's low of 2714.
Supports: 2736-2757, 2570
Resistances: 2861, 3280