Thursday, April 9, 2009

Nifty Future April 9 - Viral Joshi

Pivot is 3280 and support is 3250.

S1 3350; S2 3320; S3 3300/3280; and R1 3370; R2 3390; R3 3410/3450;

Buy above 3370 and if it breaks 3080 then 3400 - 3420 - 3450.
Short below 3360 and if it breaks 3350 then 3320 - 3300 - 3280.

Daily moving averages:

5DMA 3178;
20DMA 2920;
50DMA 2838;
200DMA 3443.

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