Thursday, June 5, 2008

Nifty Future for June 5 - Viral Joshi

Pivot is 4640 and support is 4500.

S1 4550; S2 4520; S3 4500; and R1 4640; R2 4680; R3 4725;

Buy above 4640 and if it breaks 4655 then 4680-4725;
Short below 4550 and if it breaks 4520 then 4500-4480;

Daily moving averages:

5DMA 4749;
20DMA 4952;
50DMA 4921;
200DMA 5220.

Posted by VIRAL JOSHI at 7:57 AM

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