Thursday, July 31, 2008

Nifty Future for July 31 - Viral Joshi

Pivot is 4300 and support is 4250.

S1 4310; S2 4280; S3 4250; and R1 4350; R2 4380; R3 4400/4450;

Buy above 4350 and if it breaks 4380 then 4400 - 4450.
Short below 4310 and if it breaks 4280 then 4250.

Daily moving averages:

5DMA 4316;
20DMA 4127;
50DMA 4372;
200DMA 5141.

Posted by VIRAL JOSHI at 9:12 AM

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