Monday, November 17, 2008

Nifty Future for November 17 - Viral Joshi

Pivot is 2842 and support is 2750.

S1 2820 ; S2 2800; S3 2780/2750; and R1 2842; R2 2880; R3 2900/2920;

Buy above 2835 and if it breaks 2842 then 2880 - 2900 - 2920.
Short below 2820 and if it breaks 2800 then 2780 - 2750 - 2720.

Daily moving averages:

5DMA 2944;
20DMA 2944;
50DMA 3587;
200DMA 4432.

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