Wednesday, October 1, 2008

Nifty Future for October 1 - Viral Joshi

Pivot is 3920 and support is 3880.

S1 3920; S2 3900; S3 3880; and R1 3950; R2 3980; R3 4000/4050;

Buy above 3950 and if it breaks 3980 then 4000 - 4050.
Short below 3920 and if it breaks 3900 then 3880.

Daily moving averages:

5DMA 4006;
20DMA 4200;
50DMA 4309;
200DMA 4846.

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