Monday, September 29, 2008

Nifty Future for 29 Sep 29 - Viral Joshi

Pivot is 4040 and support is 3950.

S1 3990; S2 3980; S3 3950; and R1 4040; R2 4080; R3 4120/4150;

Buy above 4020 and if it breaks 4040 then 4080 - 4120 - 4150.
Short below 4000 and if it breaks 3990 then 3980 - 3950.

Daily moving averages:

5DMA 4121;
20DMA 4246;
50DMA 4315;
200DMA 4866.

Posted by VIRAL JOSHI at 8:11 AM

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