Monday, June 16, 2008

Nifty Future For June 16 - Viral Joshi

Pivot is 4500 and support is 4475

S1 4480; S2 4450; S3 4420/4400; and R1 4535; R2 4580; 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 4506;
20DMA 4779;
50DMA 4890;
200DMA 5234.

Posted by VIRAL JOSHI at 8:33 AM

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