Thursday, October 23, 2008

Nifty Future for October 23 - Viral Joshi

Pivot is 3080 and support is 2820.

S1 3000; S2 2950; S3 2900/2850; and R1 3050; R2 3080; R3 3100;

Buy above 2950 and if it breaks 2980 then 3000 - 3050 - 3080.
Short below 2950 and if it breaks 2920 then 2900 - 2850 - 2820.

Daily moving averages:

5DMA 3153;
20DMA 3602;
50DMA 4044;
200DMA 4666.

Posted by VIRAL JOSHI at 8:41 AM

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