Tuesday, June 3, 2008

Nifty Future For June 3 - Viral Joshi

Pivot for Nifty future is 4700 and support 4580.

S1 4680; S2 4650; S3 4600; and R1 4700; R2 4725; R3 4760/4800;

Buy above 4700 and if it breaks 4725, then 4760 - 4800;
Short below 4700 and if it breaks 4650 then 4620 - 4580.

Daily moving avgerages:

5DMA: 4845;
20DMA: 5004;
50DMA: 4916;
200DMA: 5217;

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