Friday, July 25, 2008

Nifty Future for July 25 - Viral Joshi

Pivot is 4450 and support is 4280.

S1 4420; S2 4400; S3 4380/4280; and R1 4450; R2 4520; R3 4550/4610;

Buy above 4450 and if it breaks 4520 then 4550 - 4610.
Short below 4420 and if it breaks 4400 then 4380 - 4350 - 4280.

Daily moving averages:

5DMA 4280;
20DMA 4078;
50DMA 4439;
200DMA 5162.

Posted by VIRAL JOSHI at 8:50 AM

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