February 12, 2009, Nifty

Nifty broke its uptrend yesterday. We hit our stop loss and booked profits. We will wait to see if this is a pause in the uptrend or if there will be a downtrend. Yesterday was also a doji candle indicating high possibility of a trend reversal. Asia is down this morning so Nifty should open down.
Supports: 2892, 2755
Resistances: 2957, 3147