Thursday, April 30, 2009

Nifty Future For 04 MAY,2009 - Viral Joshi

Pivot is 3450 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 3465 and if it breaks 3450 then 3420 - 3400 - 3380.

Daily moving averages:

5DMA 3442;
20DMA 3311;
50DMA 2997;
200DMA 3377.

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