Saturday, July 12, 2008

Nifty Future for July 14 - Viral Joshi

Pivot is 4055 and support is 3900.

S1 4000; S2 3950; S3 3900; and R1 4055; R2 4085; R3 4100/4150;

Buy above 4055 and if it breaks 4080 then 4100 - 4150.
Short below 4000 and if it breaks 3980 then 3950 - 3900.

Daily moving averages:

5DMA 4077;
20DMA 4209;
50DMA 4613;
200DMA 5204.

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