February 2, 2010, Nifty

Nifty made a higher high and a higher low. It was also a doji candle. We will stay short, but be prepared to switch to long if our stop loss is hit.
Trading Strategy: Stay short, with stop loss at 4945. If 4945 is broken, switch to long with a stop loss at 4766
Supports: 4807, 4766, 4539
Resistances: 4945, 5133