Wednesday, May 28, 2008

Nifty Future For 28 May,2008 - Viral Joshi

The pivot for Nifty future is 4885 and support is 4800.

S1 4850; S2 4800; S3 4780; and R1 4920; R2 4950; R3 4980/5005;

Buy Nifty future above 4885; if it breaks 4920 then 4950-5005. Short Nifty future below 4880; if it breaks 4850, then 4830-4800.

Daily moving averages:

5DMA 4965;
20DMA 5070;
50DMA 4911;
200DMA 5208.

Posted by VIRAL JOSHI at 8:19 AM

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