Tuesday, November 11, 2008

Nifty Future for November 11 - Viral Joshi

Pivot is 3120 and support is 3020.

S1 3150 ; S2 3100; S3 3080/3050; and R1 3170; R2 3200; R3 3250/3300;

Buy above 3120 and if it breaks 3150 then 3170 - 3200 - 3250.
Short below 3120 and if it breaks 3100 then 3080 - 3050 - 3020.

Daily moving averages:

5DMA 3030;
20DMA 3031;
50DMA 3672;
200DMA 4468.

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