Friday, October 24, 2008

Nifty Future for October 24 - Viral Joshi

Pivot is 2980 and support is 2820.

S1 2950; S2 2920; S3 2900/2850; and R1 2980; R2 3020; R3 3050/3100;

Buy above 2950 and if it breaks 2980 then 3000 - 3050 - 3080.
Short below 2950 and if it breaks 2920 then 2900 - 2850 - 2820.

Daily moving averages:

5DMA 3088;
20DMA 3543;
50DMA 4013;
200DMA 4649.

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