April 16, 2009, Nifty

Nifty made another big candle with a higher high but not a higher low. Asia is up this morning, so Nifty could open a touch up. We are looking for a clear signal to initiate a short.
Strategy:
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 3149, 2962
Resistances: 3498, 3648