Wednesday, December 10, 2008

Nifty Future for December 10 - Viral Joshi

Pivot is 2825 and support is 2700.

S1 2780; S2 2750; S3 2720/2700; and R1 2825; R2 2850; R3 2880/2920;

Buy above 2800 and if it breaks 2825 then 2850 - 2880 - 2920.
Short below 2800 and if it breaks 2780 then 2750 - 2720 - 2700.

Daily moving averages:

5DMA 2720;
20DMA 2762;
50DMA 3113;
200DMA 4245.

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