Friday, May 8, 2009

Nifty Future For 08 MAY,2009 - Viral Joshi

Pivot is 3670 and support is 3600.

S1 3670; S2 3640; S3 3620/3600; and R1 3685; R2 3700; R3 3720/3750;

Buy above 3680 and if it breaks 3695 then 3700 - 3720 - 3750.
Short below 3670 and if it breaks 3650 then 3640 - 3620 - 3600.

Daily moving averages:

5DMA 3620;
20DMA 3434;
50DMA 3055;
200DMA 3371.

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