Wednesday, December 24, 2008

Nifty Future for Dec 24 - Viral Joshi

Pivot is 2980 and support is 2880.

S1 2950; S2 2920; S3 2900/2880; and R1 2980; R2 3020; R3 3050/3080;

Buy above 2960 and if it breaks 2980 then 3020 - 3050 - 3080.
Short below 2960 and if it breaks 2950 then 2920 - 2900 - 2880.

Daily moving averages:

5DMA 3020;
20DMA 2852;
50DMA 2929;
200DMA 4135.

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