Tuesday, May 27, 2008

Nifty Future for May 27 - Viral Joshi

The pivot for Nifty future is 4885 and support 4800.
S1 4880 S2 4850 S3 4800 .. R1 4920 R2 4950 R3 4980/5005.

Buy Nifty future above 4885. If it breaks 4920 then we can expect 4950-5005.
Short Nifty future below 4880. If it breaks 4850 then we can expect 4830-4800.

5DMA 5014;
20DMA 5083;
50DMA 4909;
200DMA 5206;

Above 5014 will be the next resistance.

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