Tuesday, April 21, 2009

Nifty Future for April 21 - Viral Joshi

Pivot is 3380 and support is 3280.

S1 3350; S2 3320; S3 3300/3280; and R1 3380; R2 3400; R3 3420;

Buy above 3380 and if it breaks 3390 then 3400 - 3420 - 3450.
Short below 3350 and if it breaks 3340 then 3320 - 3300 - 3280.

Daily moving averages:

5DMA 3400;
20DMA 3134;
50DMA 2914;
200DMA 3408.

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