Monday, September 8, 2008

Nifty Future for Sep 8 - Viral Joshi

Pivot is 4375 and support is 4300.

S1 4350; S2 4320; S3 4300; and R1 4375; R2 4400; R3 4420/4450;

Buy above 4375 and if it breaks 4400 then 4420 - 4450 - 4520.
Short below 4350 and if it breaks 4320 then 4300 - 4280.

Daily moving averages:

5DMA 4403;
20DMA 4408;
50DMA 4267;
200DMA 4984.

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