Thursday, August 7, 2008

Nifty Future for Aug 7 - Viral Joshi

Pivot is 4550 and support is 4400.

S1 4500; S2 4450; S3 4400; and R1 4550; R2 4620; R3 4650/4680;

Buy above 4550 and if it breaks 4620 then 4650 - 4680.
Short below 4500 and if it breaks 4480 then 4450 - 4400.

Daily moving averages:

5DMA 4432;
20DMA 4229;
50DMA 4323;
200DMA 5113.

Posted by VIRAL JOSHI at 8:20 AM

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