Thursday, September 18, 2008

Nifty Future For September 19 - Viral Joshi

Pivot is 4010 and support is 3950.

S1 4010; S2 3980; S3 3950; and R1 4080; R2 4120/4180; R3 4220/4300;

Buy above 4080 and if it breaks 4120 then 4180 - 4220 - 4300.
Short below 3980 and if it breaks 3950 then 3920 - 3850.

( Book yesterday's call: Buy Nifty future @ 3800-3825 Stoploss 3780 TGT 4300 within 2 days).


Daily moving averages:

5DMA 4085;
20DMA 4293;
50DMA 4299;
200DMA 4917.

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