Tuesday, October 14, 2008

Nifty Future for October 14 - Viral Joshi

Pivot is 3535 and support is 3500.

S1 3550; S2 3535; S3 3500; and R1 3600; R2 3680; R3 3750/3800;

Buy above 3600 and if it breaks 3680 then 3720 - 3750 - 3800.
Short below 3600 and if it breaks 3550 then 3535 - 3500.

Daily moving averages:

5DMA 3499;
20DMA 3915;
50DMA 4212;
200DMA 4764.

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