April 15, 2010, Nifty

We're back!!
Nifty has been on a steady up move since Feb 8. The main support for this is the 20-day EMA. We will go long, with a stop loss at the 20-Day EMA.
Trading Strategy: Go long with a stop loss at 5268.
Supports: 5268, 5101
Resistances: 5400