Nifty Future for May 21 - Viral Joshi

Pivot : 5100; Support : 4950;

S1 5100/5050; S2 5000; S3 4950; and R1 5110; R2 5150; R3 5220;

Nifty Future
Buy above 5110 and if breaks 5150 then 5180-5220;
Short below 5100 and if breaks 5050 then 5000-4950;

DMA :

5DMA 5078;
10DMA 5053;
20DMA 5009;
50DMA 5173;
200DMA 5014;

From above 5014 acts as a big support for the day.

Suggest that after gap down, Nifty future can recover nicely today and even on Friday. Opening is expected to be gap up on Friday. So today use the dip for buying.

Stocks to Watch for Friday, i. e. Buy today at closing price: BHEL, TITAN, ACC, M&M, MARUTI