Friday, November 14, 2008

Nifty Future for November 14 - Viral Joshi

Pivot is 2880 and support is 2800.

S1 2850 ; S2 2820; S3 2800; and R1 2880; R2 2920/2950; R3 2980/3020;

Buy above 2850 and if it breaks 2880 then 2920 - 2950 - 2980 - 3020.
Short below 2850 and if it breaks 2820 then 2800 - 2780 - 2750.

Daily moving averages:

5DMA 2960;
20DMA 2970;
50DMA 3618;
200DMA 4443.

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