Monday, April 27, 2009

Nifty Future for April 27 - Viral Joshi

Pivot is 3460 and support is 3350.

S1 3465; S2 3450; S3 3420/3400; and R1 3485; R2 3500; R3 3520/3550;

Buy above 3485 and if it breaks 3492 then 3500 - 3520 - 3550.
Short below 3470 and if it breaks 3460 then 3450 - 3420 - 3400.

Daily moving averages:

5DMA 3395;
20DMA 3246;
50DMA 2961;
200DMA 3389.

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