Monday, October 20, 2008

Nifty Future for Oct 20 - Viral Joshi

Pivot is 3150 and support is 3020.

S1 3050; S2 3040; S3 3020; and R1 3075; R2 3100; R3 3150/3200;

Buy above 3075 and if it breaks 3100 then 3150 - 3200 - 3250.
Short below 3070 and if it breaks 3050 then 3040 - 3020.

Daily moving averages:

5DMA 3338;
20DMA 3756;
50DMA 4127;
200DMA 4710.

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