Tuesday, May 12, 2009

Nifty Future for May 12 - Viral Joshi

Pivot is 3560 and support is 3500.

S1 3550 S2 3520 S3 3500/3475 R1 3560 R2 3580 R3 3600/3620.

BUY ABOVE 3560 & IF BREAK 3570 THEN 3580 - 3600 - 3620.
SHORT BELOW 3550 & IF BREAK 3540 THEN 3520 - 3500 - 3475.

Daily moving averages:

5DMA 3630;
20DMA 3470;
50DMA 3086;
200DMA 3366.

Posted by VIRAL JOSHI at 7:57 AM

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