Thursday, April 2, 2009

Nifty Future for April 6 - Viral Joshi

Pivot is 3040 and support is 3000.

S1 3060; S2 3040; S3 3020/3000; and R1 3080; R2 3100; R3 3120/3150;

Buy above 3070 and if it breaks 3080 then 3100 - 3120 - 3150.
Short below 3060 and if it breaks 3050 then 3040 - 3020 - 3000.

Daily moving averages:

5DMA 3050;
20DMA 2822;
50DMA 2811;
200DMA 3462.

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