Thursday, April 23, 2009

Nifty Future for April 23 - Viral Joshi

Pivot is 3335 and support is 3280.

S1 3320; S2 3300; S3 3280; and R1 3335; R2 3350; R3 3380/3400;

Buy above 3335 and if it breaks 3340 then 3350 - 3380 - 3400.
Short below 3325 and if it breaks 3320 then 3310 - 3300 - 3280.

Daily moving averages:

5DMA 3365;
20DMA 3188;
50DMA 2935;
200DMA 3397.

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