Friday, September 12, 2008

Nifty Future for Sep 12 - Viral Joshi

Pivot is 4310 and support is 4250.

S1 4300; S2 4280; S3 4250; and R1 4310; R2 4340; R3 4365/4380;

Buy above 4310 and if it breaks 4340 then 4365 - 4380.
Short below 4300 and if it breaks 4280 then 4260 - 4250.

Daily moving averages:

5DMA 4399;
20DMA 4379;
50DMA 4292;
200DMA 4956.

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