Wednesday, April 22, 2009

Nifty Future for April 23 - Viral Joshi

Pivot is 3375 and support is 3280.

S1 3350; S2 3320; S3 3300/3280; and R1 3375; R2 3400; R3 3420;

Buy above 3375 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 3396;
20DMA 3162;
50DMA 2924;
200DMA 3402.

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