Tuesday, April 28, 2009

Nifty Future for April 28 - Viral Joshi

Pivot is 3475 and support is 3400.

S1 3460; S2 3450; S3 3420/3400; and R1 3485; R2 3500; R3 3520/3550;

Buy above 3475 and if it breaks 3485 then 3500 - 3520 - 3550.
Short below 3465 and if it breaks 3460 then 3450 - 3420 - 3400.

Daily moving averages:

5DMA 3414;
20DMA 3273;
50DMA 2975;
200DMA 3385.

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