Tuesday, July 15, 2008

Nifty Future for July 15 - Viral Joshi

Pivot is 4070 and support is 3900.

S1 4010; S2 3980; S3 3950; and R1 4070; R2 4110; R3 4150/4200;

Buy above 4070 and if it breaks 4110 then 4150-4200.
Short below 4010 and if it breaks 3980 then 3950-3900.

Daily moving averages:

5DMA 4079;
20DMA 4182;
50DMA 4589;
200DMA 5200.

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