Wednesday, April 8, 2009

Nifty Future for April 8 - Viral Joshi

Pivot is 3250 and support is 3150.

S1 3220; S2 3200; S3 3180/3150; and R1 3250; R2 3280; R3 3300/3320;

Buy above 3250 and if it breaks 3280 then 3300 - 3320 - 3350.
Short below 3250 and if it breaks 3220 then 3200 - 3180 - 3150.

Daily moving averages:

5DMA 3105;
20DMA 2882;
50DMA 2827;
200DMA 3449.

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