February 20, 2009, Nifty

Nifty made a higher low but did not make a higher high. It was also a limited trading range, indicating indecision in the market. US markets are not at six-year lows. Asia is down. Nifty could open down.
Trading Strategy: Stay long with stop loss at 2736
Supports: 2736, 2661
Resistances: 2969, 3147