Monday, April 20, 2009

Nifty Future for April 20 - Viral Joshi

Pivot is 3425 and support is 3300.

S1 3380; S2 3350; S3 3320; and R1 3400; R2 3425; R3 3450/3480;

Buy above 3400 and if it breaks 3410 then 3425 - 3450 - 3480.
Short below 3400 and if it breaks 3390 then 3380 - 3350 - 3320.

Daily moving averages:

5DMA 3393;
20DMA 3103;
50DMA 2903;
200DMA 3414.

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