Monday, July 7, 2008

Nifty Future for July 7 - Viral Joshi

Pivot is 3972 and support is 3920.

S1 3972; S2 3950; S3 3920; and R1 4000; R2 4050; R3 4100

Buy above 3980 and if it breaks 4000 then 4050-4100;
Short below 3972 and if it breaks 3950 then 3920-3900;

Daily moving average:

5DMA 3994;
20DMA 4316;
50DMA 4716;
200DMA 5219.

Posted by VIRAL JOSHI at 8:30 AM

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