Monday, March 23, 2009

Nifty Future for March 23 - Viral Joshi

Pivot is 2800 and support is 2720.

S1 2800; S2 2780; S3 2750/2720; and R1 2820; R2 2840; R3 2860/2880;

Buy above 2800 and if it breaks 2820 then 2840 - 2860 - 2880.
Short below 2800 and if it breaks 2790 then 2780 - 2750 - 2720.

Daily moving averages:

5DMA 2789;
20DMA 2717;
50DMA 2791;
200DMA 3532.

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