Wednesday, October 8, 2008

Nifty Future for October 8 - Viral Joshi

Pivot is 3600 and support is 3480.

S1 3600; S2 3550; S3 3500/3480; and R1 3610; R2 3650; R3 3680/3750;

Buy above 3610 and if it breaks 3650 then 3680 - 3750.
Short below 3600 and if it breaks 3550 then 3500 - 3480.

Daily moving averages:

5DMA 3780;
20DMA 4059;
50DMA 4263;
200DMA 4799.

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