November 24, 2009, Nifty

Nifty made a higher high but a higher low. It broke the previous high. We hit our stop loss and closed our position. We will go long. Nifty needs to take out the previous high of 5182 for a sustained up move.
Trading Strategy: Go long with a stop loss at 4933
Supports: 4933, 4860
Resistances: 5182