Friday, August 8, 2008

Nifty Future for Aug 8 - Viral Joshi

Pivot is 4535 and support is 4400.

S1 4500; S2 4450; S3 4400; and R1 4535; R2 4550; R3 4600/4650;

Buy above 4535 and if it breaks 4550 then 4600 - 4650.
Short below 4500 and if it breaks 4480 then 4450 - 4400.

Daily moving averages:

5DMA 4471;
20DMA 4247;
50DMA 4317;
200DMA 5110.

Posted by VIRAL JOSHI at 8:51 AM

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