Wednesday, July 16, 2008

Nifty Future for July 16 - Viral Joshi

Pivot is 3850 and support is 3760.

S1 3800; S2 3785; S3 3760; and R1 3850; R2 3880; R3 3920/3950;

Buy above 3850 and if it breaks 3880 then 3920-3950.
Short below 3820 and if it breaks 3800 then 3785-3760.

Daily moving averages:

5DMA 4054;
20DMA 4143;
50DMA 4562;
200DMA 5194.

Posted by VIRAL JOSHI at 7:25 AM

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