Tuesday, November 18, 2008

Nifty Future for November 18 - Viral Joshi

Pivot is 2750 and support is 2700.

S1 2750; S2 2720; S3 2700/2680; and R1 2765/2780; R2 2820/2850; R3 2900/2950;

Buy above 2765 and if it breaks 2780 then 2820 - 2850 - 2900 - 2950.
Short below 2760 and if it breaks 2750 then 2720 - 2700 - 2680.

Daily moving averages:

5DMA 2909;
20DMA 2920;
50DMA 3545;
200DMA 4420.

Posted by VIRAL JOSHI at 9:18 AM

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