September 23, 2009, Nifty

Nifty made a higher high and a higher low. Out stop loss was hit and we closed our position with a loss. We will go long with the risk of being whipsawed. Keep stop loss at Friday's low.
Trading Strategy: Go long with a stop loss at 4944
Supports: 4944, 4783, 4580, 4421
Resistances: 5036, 5167