Tuesday, March 31, 2009

Nifty Future for March 31 - Viral Joshi

Pivot is 2990 and support is 2880.

S1 2980; S2 2950; S3 2920/2900; and R1 2990; R2 3020; R3 3050/3080;

Buy above 2990 and if it breaks 3000 then 3020 - 3050 - 3080.
Short below 2980 and if it breaks 2960 then 2950 - 2920 - 2900.

Daily moving averages:

5DMA 3018;
20DMA 2789;
50DMA 2801;
200DMA 3478.

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