Wednesday, July 30, 2008

Nifty Future for July 30 - Viral Joshi

Pivot is 4200 and support is 4150.

S1 4180; S2 4165; S3 4150; and R1 4200; R2 4250; R3 4280/4320;

Buy above 4200 and if it breaks 4250 then 4280 - 4320.
Short below 4180 and if it breaks 4165 then 4150.

Daily moving averages:

5DMA 4349;
20DMA 4116;
50DMA 4388;
200DMA 5147.

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