Wednesday, May 20, 2009

Nifty Future For 20 MAY,2009 - Viral Joshi

Pivot is 4350 and support is 4200.

S1 4320 S2 4300 S3 4280/4250 R1 4350 R2 4380 R3 4400/4450.

NIFTY FUTURE
BUY ABOVE 4350 & IF BREAK 4380 THEN 4400 - 4450 - 4500.
SHORT BELOW 4350 & IF BREAK 4320 THEN 4300 - 4280 - 4250.

Daily moving averages:

5DMA 3908;
20DMA 3615;
50DMA 3219;
200DMA 3361.

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