April 28, 2009, Nifty

Nifty broke the previous high of 3511 yesterday. However it was not convincing as Nifty failed to hold above 3511 for very long. We will look to see if Nifty is able to break yesterday's high of 3517 today. Asia is up this morning so Nifty should open a touch up.
Trading Strategy: Play for resistances/supports breaks or bounces.
Supports: 3297, 3149
Resistances: 3517 , 3648