September 14, 2009, Nifty

Nifty made another doji candle. This indicates further indecision in the market. We can now expect a major move. The next few trading session will decide the direction. We will stay long, but switch to short if our support it breached.
Trading Strategy: Stay long, with stop loss up to 4783.If 4783 is broken, then switch to short with a stop loss at 4889.
Supports: 4783, 4757, 4580, 4421
Resistances: 4842 , 4889, 5000