Wednesday, May 6, 2009

Nifty Future For 06 MAY,2009 - Viral Joshi

Pivot is 3650 and support is 3600.

S1 3650; S2 3625; S3 3600/3580; and R1 3670; R2 3685; R3 3700/3720;

Buy above 3650 and if it breaks 3670 then 3685 - 3700 - 3720.
Short below 3650 and if it breaks 3640 then 3620 - 3600 - 3580.

Daily moving averages:

5DMA 3524;
20DMA 3373;
50DMA 3026;
200DMA 3374.

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