Friday, February 20, 2009

Nifty Future for February 20 - Viral Joshi

Pivot is 2785 and support is 2700.

S1 2750; S2 2720; S3 2700; and R1 2790; R2 2800; R3 2820/2850;

Buy above 2785 and if it breaks 2790 then 2800 - 2820 - 2850.
Short below 2785 and if it breaks 2770 then 2750 - 2730 - 2700.

Daily moving averages:

5DMA 2827;
20DMA 2825;
50DMA 2884;
200DMA 3746.

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