Tuesday, August 5, 2008

Nifty Future For Aug 5 - Viral Joshi

Pivot is 4400 and support is 4310.

S1 4380; S2 4350; S3 4310; and R1 4400; R2 4450; R3 4480/4500;

Buy above 4400 and if it breaks 4450 then 4480 - 4500.
Short below 4400 and if it breaks 4380 then 4350 - 4310.

Daily moving averages:

5DMA 4329;
20DMA 4186;
50DMA 4338;
200DMA 5123.

Posted by VIRAL JOSHI at 9:21 AM

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