Wednesday, March 18, 2009

Nifty Future for March 18 - Viral Joshi

Pivot is 2755 and support is 2660.

S1 2750; S2 2720; S3 2700/2680; and R1 2785; R2 2800; R3 2820/2840;

Buy above 2785 and if it breaks 2790 then 2800 - 2820 - 2840.
Short below 2750 and if it breaks 2740 then 2720 - 2700 - 2680.

Daily moving averages:

5DMA 2689;
20DMA 2725;
50DMA 2804;
200DMA 3564.

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