Tuesday, September 9, 2008

Nifty Future For Sep 9 - Viral Joshi

Pivot is 4520 and support is 4400.

S1 4480; S2 4450; S3 4420/4400; and R1 4520; R2 4550; R3 4580/4620;

Buy above 4520 and if it breaks 4550 then 4580 - 4620.
Short below 4480 and if it breaks 4450 then 4420 - 4400.



Daily moving averages:

5DMA 4427;
20DMA 4406;
50DMA 4270;
200DMA 4977.

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