Thursday, July 24, 2008

Nifty Future for July 24 - Viral Joshi

Pivot is 4465 and support is 4400.

S1 4480; S2 4450; S3 4400; and R1 4500; R2 4550; R3 4580/4610;

Buy above 4500 and if it breaks 4550 then 4580 - 4610.
Short below 4480 and if it breaks 4450 then 4420 - 4400.

Daily moving averages:

5DMA 4183;
20DMA 4072;
50DMA 4451;
200DMA 5166.

Posted by VIRAL JOSHI at 9:03 AM

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