Wednesday, November 12, 2008

Nifty Future for November 12 - Viral Joshi

Pivot is 2965 and support is 2800.

S1 2900 ; S2 2880; S3 2850/2820; and R1 2920; R2 2965; R3 2980/3050;

Buy above 2920 and if it breaks 2965 then 2980 - 3020 - 3050.
Short below 2900 and if it breaks 2880 then 2850 - 2820 - 2800.

Daily moving averages:

5DMA 2990;
20DMA 3004;
50DMA 3645;
200DMA 4455.

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