Thursday, March 26, 2009

Nifty Future for March 26 - Viral Joshi

Pivot is 2920 and support is 2900.

S1 2970; S2 2950; S3 2920/2900; and R1 3000; R2 3020; R3 3050/3080;

Buy above 2970 and if it breaks 3000 then 3020 - 3050 - 3080.
Short below 2970 and if it breaks 2950 then 2920 - 2900 - 2880.

Daily moving averages:

5DMA 2895;
20DMA 2745;
50DMA 2785;
200DMA 3504.

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