Tuesday, July 29, 2008

Nifty Future for July 29 - Viral Joshi

Pivot is 4342 and support is 4200.

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

Buy above 4342 and if it breaks 4380 then 4400 - 4420.
Short below 4300 and if it breaks 4280 then 4250.

Daily moving averages:

5DMA 4359;
20DMA 4101;
50DMA 4406;
200DMA 5153.

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