Dow Jones Tonight for October 24 - Viral Joshi

Pivot is 8,450 and support is 8,200.

S1 8,620; S2 8,600; S3 8,500; and R1 8,700; R2 8,750; R3 8,800/8,850.

Above 8,700 Dow is positive and below 8,620 Dow is negative.

Nifty Future for October 24 - Viral Joshi

Pivot is 2980 and support is 2820.

S1 2950; S2 2920; S3 2900/2850; and R1 2980; R2 3020; R3 3050/3100;

Buy above 2950 and if it breaks 2980 then 3000 - 3050 - 3080.
Short below 2950 and if it breaks 2920 then 2900 - 2850 - 2820.

Daily moving averages:

5DMA 3088;
20DMA 3543;
50DMA 4013;
200DMA 4649.

Nifty Update for October 24 - Inder Bhatia

The Indian market opened gap down on weak global cues and worsening credit crises .For coming session we can take support near 2878-2813 on the other side above 2981 it can test 3014-3056 levels

Dow Jones Tonight for October 23 - Viral Joshi

Pivot is 8,600 and support is 8,200.

S1 8,500; S2 8,400; S3 8,300; and R1 8,600; R2 8,650; R3 8,700/8,750.

Above 8,600 Dow is positive and below 8,500 Dow is negative.

Nifty Future for October 23 - Viral Joshi

Pivot is 3080 and support is 2820.

S1 3000; S2 2950; S3 2900/2850; and R1 3050; R2 3080; R3 3100;

Buy above 2950 and if it breaks 2980 then 3000 - 3050 - 3080.
Short below 2950 and if it breaks 2920 then 2900 - 2850 - 2820.

Daily moving averages:

5DMA 3153;
20DMA 3602;
50DMA 4044;
200DMA 4666.

Nifty Update for October 23 - Inder Bhatia

The Indian market opened gap-down note and traded in red zone throughout the session. For the coming session Nifty is trading in a narrow range of 200 points. A breakout below 3054 and it could test 2940-2840 on the other side breakout above 3254 it will kiss 3400 levels.

Dow Jones Tonight for October 22 - Viral Joshi

Pivot is 9,100 and support is 8,900.

S1 9,000; S2 8,950; S3 8,900; and R1 9,100; R2 9,200; R3 9,300/9,350.

Above 9,100 Dow is positive and below 9,000 Dow is negative.

Nifty Future for October 22 - Viral Joshi

Pivot is 3210 and support is 3150.

S1 3200; S2 3180; S3 3150; and R1 3250; R2 3280; R3 3300/3350;

Buy above 3210 and if it breaks 3250 then 3280 - 3300 - 3350.
Short below 3200 and if it breaks 3180 then 3160 - 3150.

Daily moving averages:

5DMA 3208;
20DMA 3660;
50DMA 4073;
200DMA 4681.

Nifty Update for October 22 - Inder Bhatia

The Indian market continued to gain ground and closed in the green zone. On the daily chart, Nifty is trading in the inside bar and the upper trendline is 3354. Any breakout from range can deliver an upmove or if it breaks on the lower side, it could see a move lower. For the coming session we could test the 3353 zone .

Dow Jones Tonight for October 21 - Viral Joshi

Pivot is 9,150 and support is 8,900.

S1 9,200; S2 9,100; S3 9,000; and R1 9,300; R2 9,400; R3 9,450/9,500.

Above 9,300 Dow is positive and below 9,200 Dow is negative.

Nifty Future for October 21 - Viral Joshi

Pivot is 3160 and support is 3100.

S1 3160; S2 3130; S3 3100; and R1 3200; R2 3220; R3 3250/3300;

Buy above 3160 and if it breaks 3200 then 3220 - 3250 - 3300.
Short below 3160 and if it breaks 3150 then 3130 - 3100.

Daily moving averages:

5DMA 3265;
20DMA 3710;
50DMA 4099;
200DMA 4696.

Nifty Update for October 21 - Inder Bhatia

The Indian market opened on a positive note and closed in the green zone. Nifty is forming a falling wedge pattern as we had mentioned in the weekly updates. Breaking below the trend line pattern would make invalid the upper target of 3296-3354 with a stoploss of 3054.

Dow Jones Tonight October 20 - Viral Joshi

Pivot is 9,000 and support is 8,600.

S1 8,800; S2 8,700; S3 8,600; and R1 8,900; R2 9,000; R3 9,100/9,200.

Above 8,900 Dow is positive and below 8,800 Dow is negative.

Nifty Future for Oct 20 - Viral Joshi

Pivot is 3150 and support is 3020.

S1 3050; S2 3040; S3 3020; and R1 3075; R2 3100; R3 3150/3200;

Buy above 3075 and if it breaks 3100 then 3150 - 3200 - 3250.
Short below 3070 and if it breaks 3050 then 3040 - 3020.

Daily moving averages:

5DMA 3338;
20DMA 3756;
50DMA 4127;
200DMA 4710.

Nifty Future for Week Oct 20-24- Rakesh Chandra

Each time the Sensex or Nifty reaches a lower level, there is hope for bulls. Look at the Nifty Monthly spot chart. The lower side is bulls hope. Usually the 61 percent retracement is a strong support area on a monthy basis. The hope is that it will contain further fall, and we will see a to and fro motion up to 3600 in the coming days. From a trading point of view, we will initiate long positions only above the weekly bullish level target for the Nifty future.

Weekly UT2: 3,497/3,403;

Weekly UT1: 3,251;

Price is bullish above weekly pivot point 3,098.95) and price is bearish below weekly pivot point of 3,005.05).

Weekly LT1: 2,853.