Tuesday, May 19, 2009

Nifty Future for May 19 - Viral Joshi

Pivot is 3750 and support is 4320.

S1 4380 S2 4350 S3 4320 R1 4400 R2 4450 R3 4500/4550.

NIFTY FUTURE
BUY ABOVE 4400 & IF BREAK 4420 THEN 4450 - 4500 - 4550.
SHORT BELOW 4380 & IF BREAK 4370 THEN 4360 - 4340 - 4320.

Daily moving averages:

5DMA 3781;
20DMA 3569;
50DMA 3188;
200DMA 3359.

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