Friday, December 12, 2008

Nifty Future for December 12 - Viral Joshi

Pivot is 2900 and support is 2800.

S1 2900; S2 2880; S3 2850/2800; and R1 2950; R2 2980; R3 3000/3050;

Buy above 2950 and if it breaks 2980 then 3000 - 3050 - 3080.
Short below 2920 and if it breaks 2900 then 2880 - 2850 - 2800.

Daily moving averages:

5DMA 2827;
20DMA 2748;
50DMA 3065;
200DMA 4223.

Posted by VIRAL JOSHI at 8:39 AM

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