Monday, August 4, 2008

Nifty Future for Aug 4 - Viral Joshi

Pivot is 4380 and support is 4310.

S1 4410; S2 4380; S3 4350/4310; and R1 4450; R2 4480; R3 4500/4520;

Buy above 4450 and if it breaks 4480 then 4500 - 4520.
Short below 4410 and if it breaks 4380 then 4350 - 4310.


Daily moving averages:

5DMA 4316;
20DMA 4167;
50DMA 4348;
200DMA 5129.

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