Saturday, August 30, 2008

Nifty Future for Sep 1 - Viral Joshi

Pivot is 4345 and support is 4280.

S1 4340; S2 4310; S3 4280; and R1 4380; R2 4400; R3 4420/4450;

Buy above 4380 and if it breaks 4400 then 4420 - 4450.
Short below 4345 and if it breaks 4320 then 4300 - 4280.

Daily moving averages:

5DMA 4308;
20DMA 4417;
50DMA 4255;
200DMA 5011.

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