Thursday, June 12, 2008

Nifty Future for June 12 - Viral Joshi

Pivot is 4500 and support 4350.

S1 4480; S2 4450; S3 4400/4350; and R1 4520; R2 4550; R3 4610.

Buy above 4500 and if it breaks 4520 then 4550-4610;
Short below 4500 and if it breaks 4480 then 4450-4400-4350.

Daily moving average:

5DMA 4556;
20DMA 4833;
50DMA 4902;
200DMA 5231.

Posted by VIRAL JOSHI at 7:46 AM

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