Friday, January 9, 2009

Nifty Future for January 9 - Viral Joshi

Pivot is 2950 and support is 2820.

S1 2900; S2 2880; S3 2850/2820; and R1 2920; R2 2950; R3 2980/3020;

Buy above 2900 and if it breaks 2920 then 2950 - 2980 - 3020.
Short below 2900 and if it breaks 2880 then 2850 - 2820 - 2800.

Daily moving averages:

5DMA 3047;
20DMA 2988;
50DMA 2868;
200DMA 4035.

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