Wednesday, November 5, 2008

Nifty Future for November 5 - Viral Joshi

Pivot is 3120 and support is 3100.

S1 3180; S2 3150; S3 3120; and R1 3185; R2 3200; R3 3250/3320;

Buy above 3185 and if it breaks 3200 then 3250 - 3280 - 3320.
Short below 3185 and if it breaks 3170 then 3150 - 3120 - 3100.

Daily moving averages:

5DMA 2891;
20DMA 3131;
50DMA 3778;
200DMA 4529.

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