Friday, July 4, 2008

Nifty Future for July 4 - Viral Joshi

Pivot is 3875 and support is 3850.

S1 3870; S2 3850; S3 3820; and R1 3875; R2 3920; R3 4950/4050.

Buy above 3875 and if it breaks 3920 then 3950-4050.
Short below 3865 and if it breaks 4850 then 3820-3800.

Daily moving average:

5DMA 4019;
20DMA 4347;
50DMA 4736;
200DMA 5221.

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