Nifty Future for June 13 - Fast Recovery Possible - Viral Joshi

The pivot is 4500 and support 4350.

S1 4480; S2 4450; S3 4420/4400; and R1 4525; R2 4550; R3 4650;

Buy above 4500 and if it breaks 4520 then 4550-4610-4650;
Short below 4500 and if it breaks 4480 then 4450-4420-4400.

Daily moving average:

5DMA 4528;
20DMA 4809;
50DMA 4894;
200DMA 5233;

If Nifty sustains above 5dma i.e 4528, then a fast recovery is expected on screen toward 50dma i.e 4894, in few days.