June 12, 2009, Nifty

Nifty broke out and made a new high of 4689 on Wednesday. However it now seems to be retracing from there. Yesterday was a lower high. If Nifty can find a support above 4365, then it can continue its medium term up move.
Trading Strategy: Stay long with stop loss at 4365
Supports: 4365, 4238
Resistances: 4723, 5106