February 2, 2009, Nifty

Apologies - We apologize for not posting on Thursday and Friday due to infrastructure issues. These should be sorted out by the end of this week and we hope to come back to more regular posting

Nifty made a higher high and higher low on Friday. Nifty closed on the support at 2874. We will look at Monday's opening. A gap up opening would be a positive signal.

Trading strategy: Play for resistances/supports breaks or bounces.
Supports: 2821, 2662
Resistances: 2874, 3142