Tuesday, September 23, 2008

Nifty Future for September 23 - Viral Joshi

Pivot is 4220 and support is 4120.

S1 4200; S2 4180; S3 4150/4120; and R1 4220; R2 4250; R3 4280/4300;

Buy above 4220 and if it breaks 4250 then 4280 - 4300.
Short below 4200 and if it breaks 4180 then 4150 - 4120.

BTST, buy Nifty future @ 4100-4120 SL 4090 TG 4220.

Daily moving averages:

5DMA 4118;
20DMA 4286;
50DMA 4302;
200DMA 4903.

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