Friday, September 5, 2008

Nifty Future for Sep 5 - Viral Joshi

Pivot is 4445 and support is 4325.

S1 4445; S2 4420; S3 4380/4325; and R1 4460; R2 4480; R3 4500/4550;

Buy above 4460 and if it breaks 4480 then 4500 - 4550.
Short below 4445 and if it breaks 4420 then 4380 - 4325.

(Risk traders can buy Nifty future @ 4325 SL 4318 TGT 4350 - 4380 - 4445)

Daily moving averages:

5DMA 4375;
20DMA 4417;
50DMA 4265;
200DMA 4991.

1 Comment:

Unknown said...

U R Alway great..will u come in yahoo messenger sir?I am watching you from the day u gave short call for sail and it proved success

KM

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