Monday, July 28, 2008

Nifty Future for July 28 - Viral Joshi

Pivot is 4350 and support is 4250.

S1 4310; S2 4280; S3 4250; and R1 4335; R2 4350; R3 4380/4420;

Buy above 4350 and if it breaks 4380 then 4400 - 4420.
Short below 4310 and if it breaks 4280 then 4250.

Daily moving averages:

5DMA 4324;
20DMA 4087;
50DMA 4423;
200DMA 5158.

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