Thursday, November 6, 2008

Nifty Future for November 6 - Viral Joshi

Pivot is 3050 and support is 2800.

S1 2920 ; S2 2900; S3 2880/2850; and R1 2980; R2 3050; R3 3100/3200;

Buy above 3290 and if it breaks 3050 then 3080 - 3100 - 3200.
Short below 2950 and if it breaks 2900 then 2880 - 2850 - 2800.

Daily moving averages:

5DMA 2953;
20DMA 3101;
50DMA 3752;
200DMA 4513.

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