February 14, 2012, Nifty

Nifty made lower high and a higher low. This is a further strong sign of the end of the uptrend. We will keep stop losses strict, but we will stay long and move our stop loss up.
Trading Strategy: Stay long, move stop loss up to 5325.
Resistances: 5608
Supports: 5325, 5205, 5021, 4827, 4795, 4588,4531