Friday, September 26, 2008

Nifty Future for September 26 - Viral Joshi

Pivot is 4125 and support is 4050.

S1 4100; S2 4080; S3 4050; and R1 4125; R2 4150; R3 4180/4220;

Buy above 4125 and if it breaks 4150 then 4180 - 4220.
Short below 4100 and if it breaks 4080 then 4070 - 4050.

Daily moving averages:

5DMA 4173;
20DMA 4258;
50DMA 4311;
200DMA 4876.

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