Tuesday, January 13, 2009

Nifty Future for Jan 13 - Viral Joshi

Pivot is 2780 and support is 2700.

S1 2750; S2 2720; S3 2700/2680; and R1 2780; R2 2800; R3 2820/2850;

Buy above 2780 and if it breaks 2800 then 2820 - 2850 - 2880.
Short below 2750 and if it breaks 2730 then 2720 - 2700 - 2680.

Daily moving averages:

5DMA 2960;
20DMA 2978;
50DMA 2870;
200DMA 4016.

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