Wednesday, December 31, 2008

Nifty Future for December 31 - Viral Joshi

Pivot is 2955 and support is 2900.

S1 2955; S2 2920; S3 2900; and R1 2975; R2 3000; R3 3020/3050;

Buy above 2975 and if it breaks 2985 then 3000 - 3020 - 3050.
Short below 2970 and if it breaks 2955 then 2940 - 2920 - 2900.

Daily moving averages:

5DMA 2929;
20DMA 2893;
50DMA 2886;
200DMA 4089.

Posted by VIRAL JOSHI at 8:45 AM

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