Wednesday, November 19, 2008

Nifty Future for November 19 - Viral Joshi

Pivot is 2700 and support is 2650.

S1 2680; S2 2650; S3 2620/2600; and R1 2700; R2 2720/2750; R3 2780/2820;

Buy above 2700 and if it breaks 2720 then 2750 - 2780 - 2800 - 2820.
Short below 2680 and if it breaks 2665 then 2650 - 2620 - 2600.

Daily moving averages:

5DMA 2816;
20DMA 2901;
50DMA 3519;
200DMA 4409.

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