Monday, May 18, 2009

Nifty Future for May 18 - Viral Joshi

Pivot is 3665 and support is 3600.

S1 3675 S2 3665 S3 3650/3620 R1 3685 R2 3700 R3 3720/3750.

NIFTY FUTURE
Buy above 3685 and if it breaks 3695 then 3700-3720-3750.
Short below 3675 and if it breaks 3665 then 3650-3620-3600.

Daily moving averages:

5DMA 3627;
20DMA 3521;
50DMA 3157;
200DMA 3357.

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