Tuesday, June 17, 2008

Nifty Future For June 17 - Viral Joshi

Pivot is 4575 and support 4500.

S1 4550; S2 4520; S3 4500; and R1 4575; R2 4610; R3 4650/4680;

Buy above 4580 and if it breaks 4610 then 4650-4680;
Short below 4575 and if it breaks 4550 then 4520-4500;

Daily moving averages:

5DMA 4520;
20DMA 4750;
50DMA 4886;
200DMA 5236.

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