Tuesday, October 21, 2008

Nifty Future for October 21 - Viral Joshi

Pivot is 3160 and support is 3100.

S1 3160; S2 3130; S3 3100; and R1 3200; R2 3220; R3 3250/3300;

Buy above 3160 and if it breaks 3200 then 3220 - 3250 - 3300.
Short below 3160 and if it breaks 3150 then 3130 - 3100.

Daily moving averages:

5DMA 3265;
20DMA 3710;
50DMA 4099;
200DMA 4696.

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