Friday, May 22, 2009

Nifty Future For 22 MAY,2009 - Viral Joshi

Pivot is 4250 and support is 4100.

S1 4200 S2 4180 S3 4150/4100 R1 4220 R2 4250 R3 4280/4300.

NIFTY FUTURE
BUY ABOVE 4220 & IF BREAK 4250 THEN 4280 - 4300 - 4350.
SHORT BELOW 4200 & IF BREAK 4180 THEN 4150 - 4120 - 4100.

Daily moving averages:

5DMA 4159;
20DMA 3702;
50DMA 3280;
200DMA 3365.

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